PPP Loan information for Rachna foods inc

$6,662

Rachna foods inc was initially approved for PPP Loan of amount $6,662, the current approved amount is $6,662. The loan was approved on 01/25/2021 by The Fifth Third Bank reported 4 jobs and $6,662 was used to fund payroll.

Rachna foods inc is Existing or more than 2 years old

RACHNA FOODS INC

Date Approved

01/25/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RACHNA FOODS INC

Borrower Address

225 W 5th St

Borrower City

Michigan City

Borrower State

IN

Borrower Zip

46360-3314

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6662.00

Current Approval Amount

6662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Michigan City

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-3314

CD

IN-01

Jobs Reported

4

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

6658.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6718.44

Forgiveness Date

12/08/2021

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