PPP Loan information for Rag, inc.

$54,200

Rag, inc. was initially approved for PPP Loan of amount $54,200, the current approved amount is $54,200. The loan was approved on 04/27/2020 by The Primis Bank reported 15 jobs and $54,200 was used to fund payroll.

Rag, inc. is Existing or more than 2 years old

RAG, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAG, INC.

Borrower Address

7415 Oldhams Road

Borrower City

Kinsale

Borrower State

VA

Borrower Zip

22488

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54200.00

Current Approval Amount

54200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kinsale

Project County Name

WESTMORELAND

Project State

VA

Project Zip

22488-0001

CD

VA-01

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54200.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

54750.91

Forgiveness Date

05/04/2021

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