PPP Loan information for Raclif management inc

$291,255

Raclif management inc was initially approved for PPP Loan of amount $291,255, the current approved amount is $291,255. The loan was approved on 05/19/2021 by The Mortgage Capital Development Corporation reported 19 jobs and $291,255 was used to fund payroll.

Raclif management inc is Existing or more than 2 years old

RACLIF MANAGEMENT INC

Date Approved

05/19/2021

SBA Office Code

0931

Processing Method

PPS

Borrower Name

RACLIF MANAGEMENT INC

Borrower Address

1633 E Channel St

Borrower City

Stockton

Borrower State

CA

Borrower Zip

95205-4930

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291255.00

Current Approval Amount

291255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188162

Servicing Lender Name

Mortgage Capital Development Corporation

Servicing Lender Address

1611 Telegraph Ave Suite 504

Servicing Lender City

Oakland

Servicing Lender State

CA

Servicing Lender Zip

94612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stockton

Project County Name

SAN JOAQUIN

Project State

CA

Project Zip

95205-4930

CD

CA-09

Jobs Reported

19

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

291255.00

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

Subchapter S Corporation

Originating Lender Location Id

188162

Originating Lender

Mortgage Capital Development Corporation

Originating Lender City

Oakland

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293050.41

Forgiveness Date

01/07/2022

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