PPP Loan information for Rauls automotive

$22,200

Rauls automotive was initially approved for PPP Loan of amount $22,200, the current approved amount is $22,200. The loan was approved on 04/10/2020 by The Cornerstone Bank reported 4 jobs and $22,200 was used to fund payroll.

Rauls automotive is Existing or more than 2 years old

RAULS AUTOMOTIVE

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAULS AUTOMOTIVE

Borrower Address

81 SOUTH MAIN ST

Borrower City

LEICESTER

Borrower State

MA

Borrower Zip

01524-1434

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22200.00

Current Approval Amount

22200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEICESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01524-1434

CD

MA-02

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22200.00

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

Sole Proprietorship

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22463.93

Forgiveness Date

06/24/2021

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