Rauto LLC

$500,000 PPP Loan in Laurel, Maryland

Loan Details

Loan Number
7000868809
Date Approved
Apr 21, 2021
Loan Status
Charged Off
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
37 months
Draw
First Draw

Business Information

Business Name
Rauto LLC
Address
3336 Laurel Fort Meade Rd
City
Laurel
ZIP Code
20724-2002
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$499,997
Utilities
$1

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

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