PPP Loan information for Raal corporation

$75,000

Raal corporation was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 15 jobs and $75,000 was used to fund payroll.

Raal corporation is Existing or more than 2 years old

RAAL CORPORATION

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAAL CORPORATION

Borrower Address

338 Washington Street

Borrower City

dedham

Borrower State

MA

Borrower Zip

02026

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

dedham

Project County Name

NORFOLK

Project State

MA

Project Zip

02026-0004

CD

MA-08

Jobs Reported

15

NAICS Code

999990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75606.16

Forgiveness Date

02/24/2021

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