PPP Loan information for Rai auto ventures inc / rai auto investments inc

$624,000

Rai auto ventures inc / rai auto investments inc was initially approved for PPP Loan of amount $624,000, the current approved amount is $624,000. The loan was approved on 04/04/2020 by The First Savings Bank reported 77 jobs and $624,000 was used to fund payroll.

Rai auto ventures inc / rai auto investments inc is Existing or more than 2 years old

RAI AUTO VENTURES INC / RAI AUTO INVESTMENTS INC

Date Approved

04/04/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

RAI AUTO VENTURES INC / RAI AUTO INVESTMENTS INC

Borrower Address

1860 E SERENE AVE

Borrower City

LAS VEGAS

Borrower State

NV

Borrower Zip

89123-3203

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

624000.00

Current Approval Amount

624000.00

Undisbursed Amount

0.00

Franchise Name

Meineke Car Care Center

Servicing Lender Location Id

66442

Servicing Lender Name

First Savings Bank

Servicing Lender Address

201 N Third

Servicing Lender City

BERESFORD

Servicing Lender State

SD

Servicing Lender Zip

57004-1743

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAS VEGAS

Project County Name

CLARK

Project State

NV

Project Zip

89123-3203

CD

NV-03

Jobs Reported

77

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

624000.00

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

66442

Originating Lender

First Savings Bank

Originating Lender City

BERESFORD

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

628108.00

Forgiveness Date

12/03/2020

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