Raka Corporation

$1,002,200 PPP Loan in Toledo, Ohio

Loan Details

Loan Number
5029357110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,002,200
Current Approval
$1,002,200
Forgiveness Amount
$1,009,861
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raka Corporation
Address
203 Matzinger Rd
City
Toledo
State
Ohio
ZIP Code
43612-2624
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.3M
Rural/Urban
Urban
Congressional District
OH-09

Loan Use Breakdown

Payroll
$751,650
Health Care
$250,550

Lender Information

Servicing Lender
Signature Bank, National Association
Originating Lender
Signature Bank, National Association

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