PPP Loan information for Ratco inc.

$61,700

Ratco inc. was initially approved for PPP Loan of amount $61,700, the current approved amount is $61,700. The loan was approved on 04/13/2020 by The Citizens Bank reported 7 jobs and $61,700 was used to fund payroll.

Ratco inc. is Existing or more than 2 years old

RATCO INC.

Date Approved

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RATCO INC.

Borrower Address

3620 Olympic St

Borrower City

SPRINGFIELD

Borrower State

OR

Borrower Zip

97478-5667

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61700.00

Current Approval Amount

61700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59564

Servicing Lender Name

Citizens Bank

Servicing Lender Address

275 SW 3rd St

Servicing Lender City

Corvallis

Servicing Lender State

OR

Servicing Lender Zip

97339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

LANE

Project State

OR

Project Zip

97478-5667

CD

OR-04

Jobs Reported

7

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61700.00

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

59564

Originating Lender

Citizens Bank

Originating Lender City

Corvallis

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52024.36

Forgiveness Date

12/02/2020

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