PPP Loan information for Rauch inc

$1,100,977

Rauch inc was initially approved for PPP Loan of amount $1,100,977, the current approved amount is $1,100,977. The loan was approved on 04/08/2020 by The German American Bank reported 133 jobs and $1,100,977 was used to fund payroll.

Rauch inc is Existing or more than 2 years old

PPP Loan Search / IN / NEW ALBANY / Rauch inc

RAUCH INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAUCH INC

Borrower Address

845 PARK PL

Borrower City

NEW ALBANY

Borrower State

IN

Borrower Zip

47150-2262

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1100977.00

Current Approval Amount

1100977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

FLOYD

Project State

IN

Project Zip

47150-2262

CD

IN-09

Jobs Reported

133

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1100977.00

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

Non-Profit Organization

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1108065.48

Forgiveness Date

12/10/2020

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