Rachal Investments, Inc.

$292,500 PPP Loan in Taft, Texas

Loan Details

Loan Number
6144797309
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$292,500
Current Approval
$292,500
Forgiveness Amount
$294,239
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rachal Investments, Inc.
Address
701 Tutt Ave
City
Taft
State
Texas
ZIP Code
78390-3137
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111998)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-27

Loan Use Breakdown

Payroll
$292,500

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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