PPP Loan information for Rak management inc.

$63,083

Rak management inc. was initially approved for PPP Loan of amount $63,083, the current approved amount is $63,083. The loan was approved on 01/19/2021 by The County National Bank reported 15 jobs and $63,083 was used to fund payroll.

Rak management inc. is Existing or more than 2 years old

PPP Loan Search / MI / Port Huron / Rak management inc.

RAK MANAGEMENT INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAK MANAGEMENT INC.

Borrower Address

1635 Yeager St

Borrower City

Port Huron

Borrower State

MI

Borrower Zip

48060-2577

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63083.00

Current Approval Amount

63083.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Port Huron

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-2577

CD

MI-09

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

63081.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63619.21

Forgiveness Date

12/02/2021

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