PPP Loan information for Rake

$763,200

Rake was initially approved for PPP Loan of amount $763,200, the current approved amount is $763,200. The loan was approved on 04/15/2020 by The Settlers Bank reported 95 jobs and $763,200 was used to fund payroll.

Rake is Existing or more than 2 years old

PPP Loan Search / WI / NEW BERLIN / Rake

RAKE

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RAKE

Borrower Address

16705 West Lincoln Avenue

Borrower City

NEW BERLIN

Borrower State

WI

Borrower Zip

53151-2727

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

763200.00

Current Approval Amount

763200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452244

Servicing Lender Name

Settlers Bank

Servicing Lender Address

4021 Meridian Dr

Servicing Lender City

DE FOREST

Servicing Lender State

WI

Servicing Lender Zip

53598-9698

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BERLIN

Project County Name

WAUKESHA

Project State

WI

Project Zip

53151-2727

CD

WI-05

Jobs Reported

95

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

95400.00

Payroll Proceed

572400.00

Mortgage Interest Proceed

0.00

Rent Proceed

95400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

452244

Originating Lender

Settlers Bank

Originating Lender City

DE FOREST

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

757636.66

Forgiveness Date

11/27/2020

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