PPP Loan information for Rauto llc

$500,000

Rauto llc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/21/2021 by The Newtek Small Business Finance, Inc. reported 15 jobs and $500,000 was used to fund payroll.

Rauto llc is Existing or more than 2 years old

PPP Loan Search / MD / Laurel / Rauto llc

RAUTO LLC

Date Approved

04/21/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RAUTO LLC

Borrower Address

3336 Laurel Fort Meade Rd

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20724-2002

Loan Status Date

12/15/2022

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

20724-2002

CD

MD-05

Jobs Reported

15

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

499997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;