Raken Shah INC

$37,000 PPP Loan in Colfax, North Carolina

Loan Details

Loan Number
5590637106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$37,000
Current Approval
$37,000
Forgiveness Amount
$37,502
Forgiveness Date
Aug 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raken Shah INC
Address
3205 Sandy Ridge Road
City
Colfax
ZIP Code
27235-9766
Business Type
Corporation
Industry (NAICS)
Retail Trade (445120)
Franchise
Exxon-Mobil Oil Corporation - Pmpa Franchise Agreement (global Companies LLC Assignment )
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$28,000
Rent
$6,000
Utilities
$3,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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