PPP Loan information for Raise rite inc

$15,600

Raise rite inc was initially approved for PPP Loan of amount $15,600, the current approved amount is $15,600. The loan was approved on 04/03/2020 by The First Dakota National Bank reported 2 jobs and $15,600 was used to fund payroll.

Raise rite inc is Existing or more than 2 years old

PPP Loan Search / SD / TEA / Raise rite inc

RAISE RITE INC

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RAISE RITE INC

Borrower Address

46719 270TH ST

Borrower City

TEA

Borrower State

SD

Borrower Zip

57064-8027

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15600.00

Current Approval Amount

15600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEA

Project County Name

LINCOLN

Project State

SD

Project Zip

57064-8027

CD

SD-

Jobs Reported

2

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1950.00

Payroll Proceed

11700.00

Mortgage Interest Proceed

0.00

Rent Proceed

1950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15703.43

Forgiveness Date

12/14/2020

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