PPP Loan information for Rab of la, inc.

$1,585,308

Rab of la, inc. was initially approved for PPP Loan of amount $1,585,308, the current approved amount is $1,585,308. The loan was approved on 04/11/2020 by The Progressive Bank reported 115 jobs and $1,585,308 was used to fund payroll.

Rab of la, inc. is Existing or more than 2 years old

PPP Loan Search / LA / WEST MONROE / Rab of la, inc.

RAB OF LA, INC.

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RAB OF LA, INC.

Borrower Address

6605 Cypress Street

Borrower City

WEST MONROE

Borrower State

LA

Borrower Zip

71291-1304

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1585308.00

Current Approval Amount

1585308.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71291-1304

CD

LA-05

Jobs Reported

115

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1585308.00

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

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1597197.81

Forgiveness Date

01/11/2021

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