PPP Loan information for Rai, inc.

$47,722

Rai, inc. was initially approved for PPP Loan of amount $47,722, the current approved amount is $47,722. The loan was approved on 04/12/2020 by The Bryant Bank reported 8 jobs and $47,722 was used to fund payroll.

Rai, inc. is Existing or more than 2 years old

PPP Loan Search / AL / SPRINGVILLE / Rai, inc.

RAI, INC.

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAI, INC.

Borrower Address

5383 US HWY 11

Borrower City

SPRINGVILLE

Borrower State

AL

Borrower Zip

35146

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47722.00

Current Approval Amount

47722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGVILLE

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35146-0001

CD

AL-03

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47722.00

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

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48192.59

Forgiveness Date

04/08/2021

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