PPP Loan information for Rath incorporated

$1,146,600

Rath incorporated was initially approved for PPP Loan of amount $1,146,600, the current approved amount is $1,146,600. The loan was approved on 04/29/2020 by The PNC Bank, National Association reported 89 jobs and $1,146,600 was used to fund payroll.

Rath incorporated is Existing or more than 2 years old

RATH INCORPORATED

Date Approved

04/29/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

RATH INCORPORATED

Borrower Address

300 RUTHAR DR

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19711-8017

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1146600.00

Current Approval Amount

1146600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-8017

CD

DE-

Jobs Reported

89

NAICS Code

327120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1146600.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1161824.30

Forgiveness Date

08/23/2021

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