PPP Loan information for Raks building supply inc.

$1,219,510

Raks building supply inc. was initially approved for PPP Loan of amount $1,219,510, the current approved amount is $1,219,510. The loan was approved on 04/09/2020 by The Century Bank reported 200 jobs and $1,219,510 was used to fund payroll.

Raks building supply inc. is Existing or more than 2 years old

PPP Loan Search / NM / LOS LUNAS / Raks building supply inc.

RAKS BUILDING SUPPLY INC.

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RAKS BUILDING SUPPLY INC.

Borrower Address

108 CARSON DR

Borrower City

LOS LUNAS

Borrower State

NM

Borrower Zip

87031-9294

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1219510.00

Current Approval Amount

1219510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79221

Servicing Lender Name

Century Bank

Servicing Lender Address

100 S Federal Pl

Servicing Lender City

SANTA FE

Servicing Lender State

NM

Servicing Lender Zip

87501-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOS LUNAS

Project County Name

VALENCIA

Project State

NM

Project Zip

87031-9294

CD

NM-01

Jobs Reported

200

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1219510.00

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

79221

Originating Lender

Century Bank

Originating Lender City

SANTA FE

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1226977.19

Forgiveness Date

11/23/2020

;