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

$42,080

Rachel's hi-way cafe, inc was initially approved for PPP Loan of amount $42,080, the current approved amount is $42,080. The loan was approved on 04/28/2020 by The First Merchants Bank reported 25 jobs and $42,080 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

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RACHEL'S HI-WAY CAFE, INC

Borrower Address

2617 S Park Avenue

Borrower City

Alexandria

Borrower State

IN

Borrower Zip

46001-8802

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42080.47

Current Approval Amount

42080.47

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

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

MADISON

Project State

IN

Project Zip

46001-8802

CD

IN-05

Jobs Reported

25

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42080.47

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

42565.84

Forgiveness Date

06/30/2021

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