PPP Loan information for Raakha mgt inc

$144,500

Raakha mgt inc was initially approved for PPP Loan of amount $144,500, the current approved amount is $144,500. The loan was approved on 04/07/2020 by The Cornerstone Community Bank reported 26 jobs and $144,500 was used to fund payroll.

Raakha mgt inc is Existing or more than 2 years old

RAAKHA MGT INC

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RAAKHA MGT INC

Borrower Address

1313 BAYSHORE DR

Borrower City

COOS BAY

Borrower State

OR

Borrower Zip

97420-2514

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144500.00

Current Approval Amount

144500.00

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

N

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

26

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144500.00

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

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

146398.57

Forgiveness Date

08/02/2021

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