PPP Loan information for Rao incorporated

$38,100

Rao incorporated was initially approved for PPP Loan of amount $38,100, the current approved amount is $38,100. The loan was approved on 04/15/2020 by The First Federal Savings Bank reported 5 jobs and $38,100 was used to fund payroll.

Rao incorporated is Existing or more than 2 years old

PPP Loan Search / IN / HUNTINGTON / Rao incorporated

RAO INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAO INCORPORATED

Borrower Address

50 W PARK DR

Borrower City

HUNTINGTON

Borrower State

IN

Borrower Zip

46750-2632

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38100.00

Current Approval Amount

38100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82838

Servicing Lender Name

First Federal Savings Bank

Servicing Lender Address

648 N Jefferson St

Servicing Lender City

HUNTINGTON

Servicing Lender State

IN

Servicing Lender Zip

46750-2101

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON

Project County Name

HUNTINGTON

Project State

IN

Project Zip

46750-2632

CD

IN-03

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38100.00

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

82838

Originating Lender

First Federal Savings Bank

Originating Lender City

HUNTINGTON

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38489.35

Forgiveness Date

05/03/2021

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