PPP Loan information for Rae corporation

$3,819,700

Rae corporation was initially approved for PPP Loan of amount $3,819,700, the current approved amount is $3,819,700. The loan was approved on 04/06/2020 by The Vast Bank, National Association reported 355 jobs and $3,819,700 was used to fund payroll.

Rae corporation is Existing or more than 2 years old

RAE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

RAE CORPORATION

Borrower Address

4492 HUNT ST

Borrower City

PRYOR

Borrower State

OK

Borrower Zip

74361-4510

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3819700.00

Current Approval Amount

3819700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59446

Servicing Lender Name

Vast Bank, National Association

Servicing Lender Address

110 N Elgin Ave

Servicing Lender City

TULSA

Servicing Lender State

OK

Servicing Lender Zip

74120-1498

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRYOR

Project County Name

MAYES

Project State

OK

Project Zip

74361-4510

CD

OK-02

Jobs Reported

355

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3819700.00

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

Cooperative

Originating Lender Location Id

59446

Originating Lender

Vast Bank, National Association

Originating Lender City

TULSA

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3864369.27

Forgiveness Date

06/11/2021

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