PPP Loan information for Rachu inc.

$164,800

Rachu inc. was initially approved for PPP Loan of amount $164,800, the current approved amount is $164,800. The loan was approved on 02/04/2021 by The First Dakota National Bank reported 49 jobs and $164,800 was used to fund payroll.

Rachu inc. is Existing or more than 2 years old

PPP Loan Search / SD / Sioux Falls / Rachu inc.

RACHU INC.

Date Approved

02/04/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

RACHU INC.

Borrower Address

6312 S Pinehurst Ct

Borrower City

Sioux Falls

Borrower State

SD

Borrower Zip

57108-2426

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

164800.00

Current Approval Amount

164800.00

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sioux Falls

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57108-2426

CD

SD-

Jobs Reported

49

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

164800.00

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

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165639.80

Forgiveness Date

08/16/2021

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