PPP Loan information for Raklam llc

$69,393

Raklam llc was initially approved for PPP Loan of amount $69,393, the current approved amount is $69,393. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $69,393 was used to fund payroll.

Raklam llc is New Business or 2 years or less

RAKLAM LLC

Date Approved

05/01/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

RAKLAM LLC

Borrower Address

1073 ELM ST

Borrower City

MANCHESTER

Borrower State

NH

Borrower Zip

03101-1808

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69393.00

Current Approval Amount

69393.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MANCHESTER

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03101-1808

CD

NH-01

Jobs Reported

11

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69393.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69849.28

Forgiveness Date

12/31/2020

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