PPP Loan information for Rausch transport inc

$57,500

Rausch transport inc was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 04/13/2020 by The Cache Valley Bank reported 5 jobs and $57,500 was used to fund payroll.

Rausch transport inc is Existing or more than 2 years old

RAUSCH TRANSPORT INC

Date Approved

04/13/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RAUSCH TRANSPORT INC

Borrower Address

775 E 100 S

Borrower City

HYRUM

Borrower State

UT

Borrower Zip

84319-1419

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HYRUM

Project County Name

CACHE

Project State

UT

Project Zip

84319-1419

CD

UT-01

Jobs Reported

5

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57500.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

57888.12

Forgiveness Date

12/16/2020

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