PPP Loan information for Raocat rubber inc

$273,506

Raocat rubber inc was initially approved for PPP Loan of amount $273,506, the current approved amount is $273,506. The loan was approved on 03/20/2021 by The Bank of Mingo reported 23 jobs and $273,506 was used to fund payroll.

Raocat rubber inc is Existing or more than 2 years old

RAOCAT RUBBER INC

Date Approved

03/20/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

RAOCAT RUBBER INC

Borrower Address

1290 Rabel Mountain Road

Borrower City

South Charleston

Borrower State

WV

Borrower Zip

25309

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273505.68

Current Approval Amount

273505.68

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75246

Servicing Lender Name

Bank of Mingo

Servicing Lender Address

10 Commerce Dr

Servicing Lender City

WILLIAMSON

Servicing Lender State

WV

Servicing Lender Zip

25661-9716

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Charleston

Project County Name

KANAWHA

Project State

WV

Project Zip

25309

CD

WV-02

Jobs Reported

23

NAICS Code

326211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

273504.68

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

Subchapter S Corporation

Originating Lender Location Id

75246

Originating Lender

Bank of Mingo

Originating Lender City

WILLIAMSON

Originating Lender State

WV

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

274817.01

Forgiveness Date

09/22/2021

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