Rachit Inc.

$58,001 PPP Loan in Alva, Oklahoma

Loan Details

Loan Number
6736017008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$58,001
Current Approval
$58,001
Forgiveness Amount
$58,432
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rachit Inc.
Address
510 E. Oklahoma Blvd
City
Alva
ZIP Code
73717-3344
Business Type
Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OK-03

Loan Use Breakdown

Payroll
$46,401
Rent
$8,600
Utilities
$3,000

Lender Information

Servicing Lender
Community Bank
Originating Lender
Community Bank

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