PPP Loan information for Rak enterprises inc.

$59,500

Rak enterprises inc. was initially approved for PPP Loan of amount $59,500, the current approved amount is $59,500. The loan was approved on 04/28/2020 by The Atlantic Union Bank reported 5 jobs and $59,500 was used to fund payroll.

Rak enterprises inc. is Existing or more than 2 years old

RAK ENTERPRISES INC.

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RAK ENTERPRISES INC.

Borrower Address

7320 Gambrill Road

Borrower City

Springfield

Borrower State

VA

Borrower Zip

22153

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59500.00

Current Approval Amount

59500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

FAIRFAX

Project State

VA

Project Zip

22153-1000

CD

VA-11

Jobs Reported

5

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59500.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59934.68

Forgiveness Date

01/26/2021

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