PPP Loan information for Rakotz enterprises inc.

$107,900

Rakotz enterprises inc. was initially approved for PPP Loan of amount $107,900, the current approved amount is $107,900. The loan was approved on 04/30/2020 by The Truist Bank reported 17 jobs and $107,900 was used to fund payroll.

Rakotz enterprises inc. is Existing or more than 2 years old

RAKOTZ ENTERPRISES INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAKOTZ ENTERPRISES INC.

Borrower Address

110 Airport Road

Borrower City

Stanley

Borrower State

NC

Borrower Zip

28164

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107900.00

Current Approval Amount

107900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stanley

Project County Name

GASTON

Project State

NC

Project Zip

28164-0001

CD

NC-10

Jobs Reported

17

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108919.06

Forgiveness Date

04/14/2021

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