PPP Loan information for Raveling inc

$340,250

Raveling inc was initially approved for PPP Loan of amount $340,250, the current approved amount is $340,250. The loan was approved on 04/09/2020 by The Iowa State Bank reported 63 jobs and $340,250 was used to fund payroll.

Raveling inc is Existing or more than 2 years old

RAVELING INC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RAVELING INC

Borrower Address

239 Main Street

Borrower City

MELVIN

Borrower State

IA

Borrower Zip

51350-1010

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340250.00

Current Approval Amount

340250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MELVIN

Project County Name

OSCEOLA

Project State

IA

Project Zip

51350-1010

CD

IA-04

Jobs Reported

63

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

85062.00

Payroll Proceed

255188.00

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

342688.46

Forgiveness Date

12/30/2020

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