PPP Loan information for Life raft group inc

$250,000

Life raft group inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 17 jobs and $250,000 was used to fund payroll.

Life raft group inc is Existing or more than 2 years old

LIFE RAFT GROUP INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LIFE RAFT GROUP INC

Borrower Address

155 US Highway 46, Suite 202

Borrower City

Wayne

Borrower State

NJ

Borrower Zip

07470

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-1200

CD

NJ-11

Jobs Reported

17

NAICS Code

519190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

252123.29

Forgiveness Date

03/11/2021

;