PPP Loan information for Rakestraw management, llc

$144,000

Rakestraw management, llc was initially approved for PPP Loan of amount $144,000, the current approved amount is $144,000. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 35 jobs and $144,000 was used to fund payroll.

Rakestraw management, llc is Existing or more than 2 years old

RAKESTRAW MANAGEMENT, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAKESTRAW MANAGEMENT, LLC

Borrower Address

6000 Floyd Hwy. N.

Borrower City

CHECK

Borrower State

VA

Borrower Zip

24072-3016

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144000.00

Current Approval Amount

144000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHECK

Project County Name

FLOYD

Project State

VA

Project Zip

24072-3016

CD

VA-09

Jobs Reported

35

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

144000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145376.00

Forgiveness Date

03/25/2021

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