PPP Loan information for Raakha mgt inc

$202,399

Raakha mgt inc was initially approved for PPP Loan of amount $202,399, the current approved amount is $202,399. The loan was approved on 01/19/2021 by The Cornerstone Community Bank reported 18 jobs and $202,399 was used to fund payroll.

Raakha mgt inc is Existing or more than 2 years old

PPP Loan Search / OR / Coos Bay / Raakha mgt inc

RAAKHA MGT INC

Date Approved

01/19/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

RAAKHA MGT INC

Borrower Address

1313 N Bayshore Dr

Borrower City

Coos Bay

Borrower State

OR

Borrower Zip

97420-2514

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202398.59

Current Approval Amount

202398.59

Undisbursed Amount

0.00

Franchise Name

Red Lion Hotels

Servicing Lender Location Id

444317

Servicing Lender Name

Cornerstone Community Bank

Servicing Lender Address

500 Riverside Way

Servicing Lender City

RED BLUFF

Servicing Lender State

CA

Servicing Lender Zip

96080-3424

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coos Bay

Project County Name

COOS

Project State

OR

Project Zip

97420-2514

CD

OR-04

Jobs Reported

18

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

202396.59

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

Corporation

Originating Lender Location Id

444317

Originating Lender

Cornerstone Community Bank

Originating Lender City

RED BLUFF

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204265.15

Forgiveness Date

12/28/2021

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