Date Approved
04/14/2020
SBA Office Code
0883
Processing Method
PPP
Borrower Name
RAASS BROTHERS, INC
Borrower Address
311 FREEDOM BLVD STE A
Borrower City
PROVO
Borrower State
UT
Borrower Zip
84601-2843
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
192300.00
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
84601-4429
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UTAH
Project State
Project Zip
CD
UT-03
Jobs Reported
14
NAICS Code
236220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
193780.45
Forgiveness Date
02/01/2021