PPP Loan information for Willie n. rakes

$20,833

Willie n. rakes was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/02/2021 by The Palmetto State Bank reported 1 jobs and $20,833 was used to fund payroll.

Willie n. rakes is Existing or more than 2 years old

PPP Loan Search / SC / VARNVILLE / Willie n. rakes

WILLIE N. RAKES

Date Approved

05/02/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WILLIE N. RAKES

Borrower Address

639 W PINE ST

Borrower City

VARNVILLE

Borrower State

SC

Borrower Zip

29944

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66132

Servicing Lender Name

Palmetto State Bank

Servicing Lender Address

601 1st St W

Servicing Lender City

HAMPTON

Servicing Lender State

SC

Servicing Lender Zip

29924-3505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VARNVILLE

Project County Name

HAMPTON

Project State

SC

Project Zip

29944

CD

SC-06

Jobs Reported

1

NAICS Code

484110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

Sole Proprietorship

Originating Lender Location Id

66132

Originating Lender

Palmetto State Bank

Originating Lender City

HAMPTON

Originating Lender State

SC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

20952.86

Forgiveness Date

12/07/2021

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