PPP Loan information for Ra-ly transport

$185,200

Ra-ly transport was initially approved for PPP Loan of amount $185,200, the current approved amount is $185,200. The loan was approved on 04/08/2020 by The Farmers & Merchants Savings Bank reported 14 jobs and $185,200 was used to fund payroll.

Ra-ly transport is Existing or more than 2 years old

RA-LY TRANSPORT

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RA-LY TRANSPORT

Borrower Address

211 S RADCLIFFE ST

Borrower City

EARLVILLE

Borrower State

IA

Borrower Zip

52041-9641

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185200.00

Current Approval Amount

185200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EARLVILLE

Project County Name

DELAWARE

Project State

IA

Project Zip

52041-9641

CD

IA-02

Jobs Reported

14

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

186491.26

Forgiveness Date

12/23/2020

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