PPP Loan information for Raass brothers inc

$156,310

Raass brothers inc was initially approved for PPP Loan of amount $156,310, the current approved amount is $156,310. The loan was approved on 03/23/2021 by The Central Bank reported 11 jobs and $156,310 was used to fund payroll.

Raass brothers inc is Existing or more than 2 years old

PPP Loan Search / UT / Provo / Raass brothers inc

RAASS BROTHERS INC

Date Approved

03/23/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RAASS BROTHERS INC

Borrower Address

311 N Freedom Blvd

Borrower City

Provo

Borrower State

UT

Borrower Zip

84601-2843

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156309.92

Current Approval Amount

156309.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72790

Servicing Lender Name

Central Bank

Servicing Lender Address

75 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84601-4429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Provo

Project County Name

UTAH

Project State

UT

Project Zip

84601-2843

CD

UT-03

Jobs Reported

11

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

156306.92

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

Subchapter S Corporation

Originating Lender Location Id

72790

Originating Lender

Central Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

157641.77

Forgiveness Date

02/08/2022

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