PPP Loan information for Rai industrial fabricators, llc

$795,281

Rai industrial fabricators, llc was initially approved for PPP Loan of amount $795,281, the current approved amount is $795,281. The loan was approved on 04/08/2020 by The Pinnacle Bank reported 59 jobs and $795,281 was used to fund payroll.

Rai industrial fabricators, llc is Existing or more than 2 years old

RAI INDUSTRIAL FABRICATORS, LLC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RAI INDUSTRIAL FABRICATORS, LLC

Borrower Address

2005 Commerce Road

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30607-1023

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

795280.99

Current Approval Amount

795280.99

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19435

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

884 Elbert St

Servicing Lender City

ELBERTON

Servicing Lender State

GA

Servicing Lender Zip

30635-2628

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

CLARKE

Project State

GA

Project Zip

30607-1023

CD

GA-10

Jobs Reported

59

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

795280.99

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

Limited Liability Company(LLC)

Originating Lender Location Id

19435

Originating Lender

Pinnacle Bank

Originating Lender City

ELBERTON

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

801687.42

Forgiveness Date

02/01/2021

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