PPP Loan information for Rao it inc.

$81,317

Rao it inc. was initially approved for PPP Loan of amount $81,317, the current approved amount is $81,317. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $81,317 was used to fund payroll.

Rao it inc. is New Business or 2 years or less

PPP Loan Search / WA / RICHLAND / Rao it inc.

RAO IT INC.

Date Approved

05/01/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

RAO IT INC.

Borrower Address

1955 JADWIN AVE SUITE 420

Borrower City

RICHLAND

Borrower State

WA

Borrower Zip

99354

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81317.00

Current Approval Amount

81317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RICHLAND

Project County Name

BENTON

Project State

WA

Project Zip

99354-1600

CD

WA-04

Jobs Reported

7

NAICS Code

511199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81317.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82058.88

Forgiveness Date

03/31/2021

;