PPP Loan information for R.a.k. inc.

$121,355

R.a.k. inc. was initially approved for PPP Loan of amount $121,355, the current approved amount is $121,355. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 22 jobs and $121,355 was used to fund payroll.

R.a.k. inc. is Existing or more than 2 years old

R.A.K. INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R.A.K. INC.

Borrower Address

1084 STATE RD

Borrower City

DAVISON

Borrower State

MI

Borrower Zip

48423-1904

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121355.00

Current Approval Amount

121355.00

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVISON

Project County Name

GENESEE

Project State

MI

Project Zip

48423-1904

CD

MI-08

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121355.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122283.69

Forgiveness Date

02/19/2021

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