PPP Loan information for Raker rhodes engineering, llc

$509,700

Raker rhodes engineering, llc was initially approved for PPP Loan of amount $509,700, the current approved amount is $509,700. The loan was approved on 04/05/2020 by The Freedom Financial Bank reported 29 jobs and $509,700 was used to fund payroll.

Raker rhodes engineering, llc is Existing or more than 2 years old

RAKER RHODES ENGINEERING, LLC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RAKER RHODES ENGINEERING, LLC

Borrower Address

4717 GRAND AVE

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50312-2001

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

509700.00

Current Approval Amount

509700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123481

Servicing Lender Name

Freedom Financial Bank

Servicing Lender Address

1255 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-2344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50312-2001

CD

IA-03

Jobs Reported

29

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5700.00

Payroll Proceed

490000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

123481

Originating Lender

Freedom Financial Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

513055.53

Forgiveness Date

12/08/2020

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