PPP Loan information for Rao solutions

$38,953

Rao solutions was initially approved for PPP Loan of amount $38,953, the current approved amount is $38,953. The loan was approved on 07/28/2020 by The Wells Fargo Bank, National Association reported 2 jobs and $38,953 was used to fund payroll.

Rao solutions is Existing or more than 2 years old

PPP Loan Search / MD / GERMANTOWN / Rao solutions

RAO SOLUTIONS

Date Approved

07/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RAO SOLUTIONS

Borrower Address

14006 BROMFIELD RD

Borrower City

GERMANTOWN

Borrower State

MD

Borrower Zip

20874-2290

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38953.00

Current Approval Amount

38953.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GERMANTOWN

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20874-2290

CD

MD-06

Jobs Reported

2

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38953.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39320.12

Forgiveness Date

07/09/2021

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