PPP Loan information for Raku sushi & lounge inc.

$106,561

Raku sushi & lounge inc. was initially approved for PPP Loan of amount $106,561, the current approved amount is $106,561. The loan was approved on 02/07/2021 by The U.S. Bank, National Association reported 17 jobs and $106,561 was used to fund payroll.

Raku sushi & lounge inc. is Existing or more than 2 years old

PPP Loan Search / MN / St Louis Park / Raku sushi & lounge inc.

RAKU SUSHI & LOUNGE INC.

Date Approved

02/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAKU SUSHI & LOUNGE INC.

Borrower Address

5371 W 16th St

Borrower City

St Louis Park

Borrower State

MN

Borrower Zip

55416-1736

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106561.00

Current Approval Amount

106561.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St Louis Park

Project County Name

HENNEPIN

Project State

MN

Project Zip

55416-1736

CD

MN-05

Jobs Reported

17

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

106560.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107064.20

Forgiveness Date

07/30/2021

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