PPP Loan information for Rachel 1, inc.

$53,368

Rachel 1, inc. was initially approved for PPP Loan of amount $53,368, the current approved amount is $53,368. The loan was approved on 04/28/2020 by The Trustmark National Bank reported 13 jobs and $53,368 was used to fund payroll.

Rachel 1, inc. is Existing or more than 2 years old

RACHEL 1, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RACHEL 1, INC.

Borrower Address

8594 US HIGHWAY 98

Borrower City

FAIRHOPE

Borrower State

AL

Borrower Zip

36532-5806

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53368.00

Current Approval Amount

53368.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRHOPE

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-5806

CD

AL-01

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53368.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54046.96

Forgiveness Date

08/11/2021

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