PPP Loan information for Ranrae inc

$112,000

Ranrae inc was initially approved for PPP Loan of amount $112,000, the current approved amount is $112,000. The loan was approved on 02/09/2021 by The Old National Bank reported 25 jobs and $112,000 was used to fund payroll.

Ranrae inc is Existing or more than 2 years old

RANRAE INC

Date Approved

02/09/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RANRAE INC

Borrower Address

1802 Woodridge Pl

Borrower City

Greenwood

Borrower State

IN

Borrower Zip

46143-8723

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112000.00

Current Approval Amount

112000.00

Undisbursed Amount

0.00

Franchise Name

Subway

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

Greenwood

Project County Name

JOHNSON

Project State

IN

Project Zip

46143-8723

CD

IN-06

Jobs Reported

25

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

111997.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112435.73

Forgiveness Date

07/06/2021

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