PPP Loan information for Raphael industries, incorporated

$631,300

Raphael industries, incorporated was initially approved for PPP Loan of amount $631,300, the current approved amount is $631,300. The loan was approved on 04/09/2020 by The Johnson Bank reported 50 jobs and $631,300 was used to fund payroll.

Raphael industries, incorporated is Existing or more than 2 years old

RAPHAEL INDUSTRIES, INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RAPHAEL INDUSTRIES, INCORPORATED

Borrower Address

2162 South 54TH ST

Borrower City

MILWAUKEE

Borrower State

WI

Borrower Zip

53219-1669

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631300.00

Current Approval Amount

631300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILWAUKEE

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53219-1669

CD

WI-04

Jobs Reported

50

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

78912.50

Payroll Proceed

473475.00

Mortgage Interest Proceed

78912.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

636125.55

Forgiveness Date

01/20/2021

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