PPP Loan information for Raku inc.

$60,875

Raku inc. was initially approved for PPP Loan of amount $60,875, the current approved amount is $60,875. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 12 jobs and $60,875 was used to fund payroll.

Raku inc. is Existing or more than 2 years old

RAKU INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAKU INC.

Borrower Address

6060 COMSTOCK LN N

Borrower City

PLYMOUTH

Borrower State

MN

Borrower Zip

55446

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60875.00

Current Approval Amount

60875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

HENNEPIN

Project State

MN

Project Zip

55446-0001

CD

MN-03

Jobs Reported

12

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60875.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61240.25

Forgiveness Date

12/08/2020

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