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 01/27/2021 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

01/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

RAB OF LA INC

Borrower Address

6605 Cypress St

Borrower City

West Monroe

Borrower State

LA

Borrower Zip

71291-1304

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

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

238140

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

1593939.12

Forgiveness Date

08/17/2021

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