PPP Loan information for Rak jr inc

$70,987

Rak jr inc was initially approved for PPP Loan of amount $70,987, the current approved amount is $70,987. The loan was approved on 03/25/2021 by The Loan Source Incorporated reported 5 jobs and $70,987 was used to fund payroll.

Rak jr inc is Existing or more than 2 years old

RAK JR INC

Date Approved

03/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

RAK JR INC

Borrower Address

625 W Chester Pike

Borrower City

Havertown

Borrower State

PA

Borrower Zip

19083-4425

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70987.00

Current Approval Amount

70987.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Havertown

Project County Name

DELAWARE

Project State

PA

Project Zip

19083-4425

CD

PA-05

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70982.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71871.91

Forgiveness Date

06/30/2022

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