Raker Rhodes Engineering, LLC

$509,700 PPP Loan in Des Moines, Iowa

Loan Details

Loan Number
5289277008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$509,700
Current Approval
$509,700
Forgiveness Amount
$513,056
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Raker Rhodes Engineering, LLC
Address
4717 Grand Ave
State
Iowa
ZIP Code
50312-2001
Business Type
Partnership
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$490,000
Rent
$14,000
Utilities
$5,700

Lender Information

Servicing Lender
Freedom Financial Bank
Originating Lender
Freedom Financial Bank

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