Rahn Industries Incorporated

$745,700 PPP Loan in Whittier, California

Loan Details

Loan Number
2953527703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$745,700
Current Approval
$745,700
Forgiveness Amount
$753,089
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rahn Industries Incorporated
Address
2630 Pacific Park Dr
ZIP Code
90601
Business Type
Corporation
Industry (NAICS)
Manufacturing (333415)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
CA-31

Loan Use Breakdown

Payroll
$559,275
Rent
$129,895
Utilities
$11,340
Health Care
$43,500
Debt Interest
$1,690

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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