PPP Loan information for Raac inc.

$12,827

Raac inc. was initially approved for PPP Loan of amount $12,827, the current approved amount is $12,827. The loan was approved on 03/20/2021 by The South Shore Bank reported 2 jobs and $12,827 was used to fund payroll.

Raac inc. is Existing or more than 2 years old

PPP Loan Search / MA / North Weymouth / Raac inc.

RAAC INC.

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RAAC INC.

Borrower Address

416 Bridge St

Borrower City

North Weymouth

Borrower State

MA

Borrower Zip

02191-1433

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12827.00

Current Approval Amount

12827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Weymouth

Project County Name

NORFOLK

Project State

MA

Project Zip

02191-1433

CD

MA-08

Jobs Reported

2

NAICS Code

448310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

12824.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12910.02

Forgiveness Date

11/12/2021

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