PPP Loan information for Raines electric inc

$86,000

Raines electric inc was initially approved for PPP Loan of amount $86,000, the current approved amount is $86,000. The loan was approved on 04/29/2020 by The Banner Bank reported 6 jobs and $86,000 was used to fund payroll.

Raines electric inc is Existing or more than 2 years old

RAINES ELECTRIC INC

Date Approved

04/29/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

RAINES ELECTRIC INC

Borrower Address

111802 E. Pine Hollow PrSE

Borrower City

KENNEWICK

Borrower State

WA

Borrower Zip

99338

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85999.95

Current Approval Amount

85999.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENNEWICK

Project County Name

BENTON

Project State

WA

Project Zip

99338-0001

CD

WA-04

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85999.95

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

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86824.61

Forgiveness Date

04/23/2021

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