PPP Loan information for Rahe, inc.

$1,672,900

Rahe, inc. was initially approved for PPP Loan of amount $1,672,900, the current approved amount is $1,672,900. The loan was approved on 04/04/2020 by The United Bank reported 298 jobs and $1,672,900 was used to fund payroll.

Rahe, inc. is Existing or more than 2 years old

RAHE, INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAHE, INC.

Borrower Address

1522 PARK RD

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-2434

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1672900.00

Current Approval Amount

1672900.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

WAYNESBORO CITY

Project State

VA

Project Zip

22980-2434

CD

VA-06

Jobs Reported

298

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1672900.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1688049.04

Forgiveness Date

03/10/2021

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