PPP Loan information for Rabb water systems, inc.

$448,000

Rabb water systems, inc. was initially approved for PPP Loan of amount $448,000, the current approved amount is $448,000. The loan was approved on 04/08/2020 by The Lake City Bank reported 53 jobs and $448,000 was used to fund payroll.

Rabb water systems, inc. is Existing or more than 2 years old

RABB WATER SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RABB WATER SYSTEMS, INC.

Borrower Address

303 Argonne Rd

Borrower City

WARSAW

Borrower State

IN

Borrower Zip

46580-3809

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448000.00

Current Approval Amount

448000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARSAW

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46580-3809

CD

IN-02

Jobs Reported

53

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5940.00

Payroll Proceed

377060.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

41000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

453712.00

Forgiveness Date

07/20/2021

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