PPP Loan information for Rasta foods

$661,615

Rasta foods was initially approved for PPP Loan of amount $661,615, the current approved amount is $661,615. The loan was approved on 04/30/2020 by The Cross River Bank reported 47 jobs and $661,615 was used to fund payroll.

Rasta foods is New Business or 2 years or less

RASTA FOODS

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RASTA FOODS

Borrower Address

407 Cabot St.

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661615.00

Current Approval Amount

661615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-0001

CD

MA-06

Jobs Reported

47

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

661615.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;