PPP Loan information for Rao's coffee roasting company, inc.

$60,177

Rao's coffee roasting company, inc. was initially approved for PPP Loan of amount $60,177, the current approved amount is $60,177. The loan was approved on 05/01/2020 by The Customers Bank reported 8 jobs and $60,177 was used to fund payroll.

Rao's coffee roasting company, inc. is Existing or more than 2 years old

RAO'S COFFEE ROASTING COMPANY, INC.

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

RAO'S COFFEE ROASTING COMPANY, INC.

Borrower Address

305 Russell Street

Borrower City

HADLEY

Borrower State

MA

Borrower Zip

01035

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60177.00

Current Approval Amount

60177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HADLEY

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01035-0001

CD

MA-02

Jobs Reported

8

NAICS Code

445299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60177.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61111.80

Forgiveness Date

11/24/2021

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