PPP Loan information for Raines enterprises

$19,700

Raines enterprises was initially approved for PPP Loan of amount $19,700, the current approved amount is $19,700. The loan was approved on 04/30/2020 by The Regions Bank reported 7 jobs and $19,700 was used to fund payroll.

Raines enterprises is New Business or 2 years or less

RAINES ENTERPRISES

Date Approved

04/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RAINES ENTERPRISES

Borrower Address

9092 State Route 108,

Borrower City

Altamont

Borrower State

TN

Borrower Zip

37301

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19700.00

Current Approval Amount

19700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Altamont

Project County Name

GRUNDY

Project State

TN

Project Zip

37301-0001

CD

TN-04

Jobs Reported

7

NAICS Code

722513

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19700.00

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

Self-Employed Individuals

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19836.55

Forgiveness Date

01/20/2021

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