PPP Loan information for Rak corrosion control inc

$586,817

Rak corrosion control inc was initially approved for PPP Loan of amount $586,817, the current approved amount is $586,817. The loan was approved on 01/26/2021 by The The Huntington National Bank reported 35 jobs and $586,817 was used to fund payroll.

Rak corrosion control inc is Existing or more than 2 years old

PPP Loan Search / OH / Amherst / Rak corrosion control inc

RAK CORROSION CONTROL INC

Date Approved

01/26/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

RAK CORROSION CONTROL INC

Borrower Address

7455 S Dewey Rd

Borrower City

Amherst

Borrower State

OH

Borrower Zip

44001-2509

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

586817.00

Current Approval Amount

586817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Amherst

Project County Name

LORAIN

Project State

OH

Project Zip

44001-2509

CD

OH-05

Jobs Reported

35

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

586817.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

594743.05

Forgiveness Date

06/09/2022

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