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
- City
- Madison
- State
- North Carolina
- 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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|---|---|---|
| Synergy Recycling LLC | $655,470 | |
| Smart Chevrolet, Inc. | $654,658 | |
| Krebs Sc Corporation | $370,600 | |
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| Synergy Recycling LLC | $346,100 |
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