PPP Loan information for Rael incorporated

$45,500

Rael incorporated was initially approved for PPP Loan of amount $45,500, the current approved amount is $45,500. The loan was approved on 04/29/2020 by The Umpqua Bank reported 4 jobs and $45,500 was used to fund payroll.

Rael incorporated is Existing or more than 2 years old

RAEL INCORPORATED

Date Approved

04/29/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RAEL INCORPORATED

Borrower Address

13546 SE VALEMONT LN

Borrower City

HAPPY VALLEY

Borrower State

OR

Borrower Zip

97086-5934

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45500.00

Current Approval Amount

45500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAPPY VALLEY

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97086-5934

CD

OR-05

Jobs Reported

4

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45500.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45901.40

Forgiveness Date

03/24/2021

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