PPP Loan information for Rastan inc

$83,110

Rastan inc was initially approved for PPP Loan of amount $90,100, the current approved amount is $83,110. The loan was approved on 06/30/2020 by The Enterprise Bank and Trust Company reported 23 jobs and $83,110 was used to fund payroll.

Rastan inc is Existing or more than 2 years old

RASTAN INC

Date Approved

06/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RASTAN INC

Borrower Address

34 BROADWAY RD

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-4002

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90100.00

Current Approval Amount

83110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-4002

CD

MA-03

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83110.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83714.86

Forgiveness Date

04/06/2021

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