PPP Loan information for Rauen precision machining inc

$309,835

Rauen precision machining inc was initially approved for PPP Loan of amount $309,835, the current approved amount is $309,835. The loan was approved on 03/28/2021 by The Itria Ventures LLC reported 24 jobs and $309,835 was used to fund payroll.

Rauen precision machining inc is Existing or more than 2 years old

PPP Loan Search / IA / Farley / Rauen precision machining inc

RAUEN PRECISION MACHINING INC

Date Approved

03/28/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

RAUEN PRECISION MACHINING INC

Borrower Address

951 9th Ave NW

Borrower City

Farley

Borrower State

IA

Borrower Zip

52046-9408

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309835.00

Current Approval Amount

309835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farley

Project County Name

DUBUQUE

Project State

IA

Project Zip

52046-9408

CD

IA-02

Jobs Reported

24

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

309830.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

311676.80

Forgiveness Date

11/10/2021

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