PPP Loan information for Rae group holdings inc

$1,775,177

Rae group holdings inc was initially approved for PPP Loan of amount $1,775,177, the current approved amount is $1,775,177. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 117 jobs and $1,775,177 was used to fund payroll.

Rae group holdings inc is New Business or 2 years or less

RAE GROUP HOLDINGS INC

Date Approved

05/01/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

RAE GROUP HOLDINGS INC

Borrower Address

1621 PRIMEWEST PKWY

Borrower City

KATY

Borrower State

TX

Borrower Zip

77449-5324

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1775177.00

Current Approval Amount

1775177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KATY

Project County Name

HARRIS

Project State

TX

Project Zip

77449-5324

CD

TX-10

Jobs Reported

117

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1775177.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1795846.87

Forgiveness Date

07/06/2021

;