PPP Loan information for Rax billiards & lounge, llc

$13,600

Rax billiards & lounge, llc was initially approved for PPP Loan of amount $13,600, the current approved amount is $13,600. The loan was approved on 05/01/2020 by The Northwest Bank reported 3 jobs and $13,600 was used to fund payroll.

Rax billiards & lounge, llc is Existing or more than 2 years old

PPP Loan Search / IA / MILFORD / Rax billiards & lounge, llc

RAX BILLIARDS & LOUNGE, LLC

Date Approved

05/01/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RAX BILLIARDS & LOUNGE, LLC

Borrower Address

1015 Okoboji Ave

Borrower City

MILFORD

Borrower State

IA

Borrower Zip

51351

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13600.00

Current Approval Amount

13600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

DICKINSON

Project State

IA

Project Zip

51351-0121

CD

IA-04

Jobs Reported

3

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

11600.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

13736.76

Forgiveness Date

05/04/2021

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