Rakestraw Insurance Center, Inc.

$151,600 PPP Loan in Madison, North Carolina

Loan Details

Loan Number
5368457306
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$151,600
Current Approval
$151,600
Forgiveness Amount
$152,632
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rakestraw Insurance Center, Inc.
Address
725 Highway Street
ZIP Code
27025
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
NC-06

Loan Use Breakdown

Payroll
$151,600

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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