PPP Loan information for Rake inc.

$8,798

Rake inc. was initially approved for PPP Loan of amount $8,798, the current approved amount is $8,798. The loan was approved on 03/09/2021 by The Old National Bank reported 1 jobs and $8,798 was used to fund payroll.

Rake inc. is Existing or more than 2 years old

PPP Loan Search / MI / Lowell / Rake inc.

RAKE INC.

Date Approved

03/09/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAKE INC.

Borrower Address

10018 Bailey Dr NE

Borrower City

Lowell

Borrower State

MI

Borrower Zip

49331-9788

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8797.50

Current Approval Amount

8797.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

KENT

Project State

MI

Project Zip

49331-9788

CD

MI-03

Jobs Reported

1

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8797.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8866.67

Forgiveness Date

12/23/2021

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