PPP Loan information for Rkt, inc

$1,601,700

Rkt, inc was initially approved for PPP Loan of amount $1,677,000, the current approved amount is $1,601,700. The loan was approved on 04/03/2020 by The Vision Bank reported 500 jobs and $1,601,700 was used to fund payroll.

Rkt, inc is Existing or more than 2 years old

RKT, INC

Date Approved

04/03/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

RKT, INC

Borrower Address

901 N. Monte Vista

Borrower City

ADA

Borrower State

OK

Borrower Zip

74820

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1677000.00

Current Approval Amount

1601700.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

58694

Servicing Lender Name

Vision Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

ADA

Servicing Lender State

OK

Servicing Lender Zip

74820-5601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADA

Project County Name

PONTOTOC

Project State

OK

Project Zip

74820-0001

CD

OK-04

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

160170.00

Payroll Proceed

1441530.00

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

58694

Originating Lender

Vision Bank

Originating Lender City

ADA

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1617583.52

Forgiveness Date

04/05/2021

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