PPP Loan information for Rakes, llc

$102,500

Rakes, llc was initially approved for PPP Loan of amount $102,500, the current approved amount is $102,500. The loan was approved on 05/01/2020 by The Umpqua Bank reported 24 jobs and $102,500 was used to fund payroll.

Rakes, llc is New Business or 2 years or less

RAKES, LLC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RAKES, LLC

Borrower Address

298 S 1ST ST

Borrower City

SAINT HELENS

Borrower State

OR

Borrower Zip

97051-1556

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SAINT HELENS

Project County Name

COLUMBIA

Project State

OR

Project Zip

97051-1556

CD

OR-01

Jobs Reported

24

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103530.62

Forgiveness Date

05/11/2021

;