Rak Industries INC

$322,555 PPP Loan in New Brunswick, New Jersey

Loan Details

Loan Number
1082278401
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$322,555
Current Approval
$322,555
Forgiveness Amount
$325,091
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rak Industries INC
Address
625 Jersey Ave
ZIP Code
08901-3678
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$322,553
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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