Dale Raabe Sole Proprietor

$1,087,987 PPP Loan in Kingsville, Texas

Loan Details

Loan Number
7388057006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,087,987
Current Approval
$1,087,987
Forgiveness Amount
$1,094,992
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dale Raabe Sole Proprietor
Address
551 S 11th St
State
Texas
ZIP Code
78363-5705
Business Type
Sole Proprietorship
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
402
Estimated Revenue
$71.4M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$815,991
Rent
$223,145
Utilities
$37,851
Mortgage Interest
$11,000

Lender Information

Servicing Lender
Kleberg Bank, National Association
Originating Lender
Kleberg Bank, National Association

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