PPP Loan information for Rasac corporation

$138,500

Rasac corporation was initially approved for PPP Loan of amount $138,500, the current approved amount is $138,500. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 15 jobs and $138,500 was used to fund payroll.

Rasac corporation is Existing or more than 2 years old

RASAC CORPORATION

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RASAC CORPORATION

Borrower Address

1000 N OPDYKE RD

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-2643

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138500.00

Current Approval Amount

138500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-2643

CD

MI-11

Jobs Reported

15

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

138500.00

Payroll Proceed

0.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139797.73

Forgiveness Date

03/30/2021

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