PPP Loan information for Rao design group inc

$17,900

Rao design group inc was initially approved for PPP Loan of amount $17,900, the current approved amount is $17,900. The loan was approved on 04/29/2020 by The Charles River Bank reported 2 jobs and $17,900 was used to fund payroll.

Rao design group inc is Existing or more than 2 years old

RAO DESIGN GROUP INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAO DESIGN GROUP INC

Borrower Address

114 WALDEN WAY

Borrower City

MILFORD

Borrower State

MA

Borrower Zip

01757-5134

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17900.00

Current Approval Amount

17900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85119

Servicing Lender Name

Charles River Bank

Servicing Lender Address

70 Main St

Servicing Lender City

MEDWAY

Servicing Lender State

MA

Servicing Lender Zip

02053-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

WORCESTER

Project State

MA

Project Zip

01757-5134

CD

MA-04

Jobs Reported

2

NAICS Code

541410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17900.00

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

85119

Originating Lender

Charles River Bank

Originating Lender City

MEDWAY

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16996.88

Forgiveness Date

11/10/2020

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