Raks Inc.

$80,900 PPP Loan in Sault Sainte Marie, Michigan

Loan Details

Loan Number
1600568700
Date Approved
Mar 27, 2021
Loan Status
Paid in Full
Initial Approval
$80,900
Current Approval
$80,900
Forgiveness Amount
$81,496
Forgiveness Date
Dec 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Raks Inc.
Address
1425 Riverside Dr
ZIP Code
49783-9028
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$80,895
Utilities
$1

Lender Information

Servicing Lender
4front Credit Union
Originating Lender
Old Mission Bank

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