PPP Loan information for Rauch inc.

$438,514

Rauch inc. was initially approved for PPP Loan of amount $438,514, the current approved amount is $438,514. The loan was approved on 04/06/2020 by The Summit Community Bank, Inc. reported 31 jobs and $438,514 was used to fund payroll.

Rauch inc. is Existing or more than 2 years old

PPP Loan Search / MD / EASTON / Rauch inc.

RAUCH INC.

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RAUCH INC.

Borrower Address

106 N HARRISON ST

Borrower City

EASTON

Borrower State

MD

Borrower Zip

21601-3122

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438514.00

Current Approval Amount

438514.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EASTON

Project County Name

TALBOT

Project State

MD

Project Zip

21601-3122

CD

MD-01

Jobs Reported

31

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

438514.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

431144.60

Forgiveness Date

11/23/2020

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