PPP Loan information for Rachoe, llc

$83,970

Rachoe, llc was initially approved for PPP Loan of amount $83,970, the current approved amount is $83,970. The loan was approved on 04/10/2020 by The Origin Bank reported 46 jobs and $83,970 was used to fund payroll.

Rachoe, llc is Existing or more than 2 years old

RACHOE, LLC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RACHOE, LLC

Borrower Address

2647 S SERVICE RD W

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270-3183

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83970.00

Current Approval Amount

83970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-3183

CD

LA-05

Jobs Reported

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

71376.20

Mortgage Interest Proceed

6593.80

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84907.67

Forgiveness Date

05/24/2021

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