Rafab, Inc.

$141,750 PPP Loan in Romulus, Michigan

Loan Details

Loan Number
3274057304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$141,750
Current Approval
$141,750
Forgiveness Amount
$142,719
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rafab, Inc.
Address
28265 Beverly Rd
ZIP Code
48174
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423330)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$126,822
Rent
$10,000
Utilities
$2,395
Health Care
$752
Debt Interest
$1,781

Lender Information

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

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