PPP Loan information for Rachel's hi-way cafe inc.

$52,859

Rachel's hi-way cafe inc. was initially approved for PPP Loan of amount $52,859, the current approved amount is $52,859. The loan was approved on 03/13/2021 by The First Merchants Bank reported 12 jobs and $52,859 was used to fund payroll.

Rachel's hi-way cafe inc. is Existing or more than 2 years old

PPP Loan Search / IN / Alexandria / Rachel's hi-way cafe inc.

RACHEL'S HI-WAY CAFE INC.

Date Approved

03/13/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RACHEL'S HI-WAY CAFE INC.

Borrower Address

2617 S Park Ave

Borrower City

Alexandria

Borrower State

IN

Borrower Zip

46001-8190

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52858.75

Current Approval Amount

52858.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

MADISON

Project State

IN

Project Zip

46001-8190

CD

IN-05

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52858.75

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53474.23

Forgiveness Date

05/18/2022

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