PPP Loan information for R.a.k. farm inc.

$7,100

R.a.k. farm inc. was initially approved for PPP Loan of amount $7,100, the current approved amount is $7,100. The loan was approved on 04/27/2020 by The Premier Bank reported 3 jobs and $7,100 was used to fund payroll.

R.a.k. farm inc. is Existing or more than 2 years old

R.A.K. FARM INC.

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R.A.K. FARM INC.

Borrower Address

3555 IA 9 St

Borrower City

ROCK RAPIDS

Borrower State

IA

Borrower Zip

51246

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7100.00

Current Approval Amount

7100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121393

Servicing Lender Name

Premier Bank

Servicing Lender Address

1004 21st Ave

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1446

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK RAPIDS

Project County Name

LYON

Project State

IA

Project Zip

51246-0001

CD

IA-04

Jobs Reported

3

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7100.00

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

121393

Originating Lender

Premier Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7142.21

Forgiveness Date

12/08/2020

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