PPP Loan information for Raak s&b inc

$19,370

Raak s&b inc was initially approved for PPP Loan of amount $19,370, the current approved amount is $19,370. The loan was approved on 03/03/2021 by The Peoples Bank reported 6 jobs and $19,370 was used to fund payroll.

Raak s&b inc is Existing or more than 2 years old

RAAK S&B INC

Date Approved

03/03/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RAAK S&B INC

Borrower Address

4237 Fig Ave

Borrower City

Sioux Center

Borrower State

IA

Borrower Zip

51250-7426

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19370.00

Current Approval Amount

19370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sioux Center

Project County Name

SIOUX

Project State

IA

Project Zip

51250-7426

CD

IA-04

Jobs Reported

6

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19364.00

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

Subchapter S Corporation

Originating Lender Location Id

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19519.58

Forgiveness Date

12/14/2021

;