Rake

$763,200 PPP Loan in New Berlin, Wisconsin

Loan Details

Loan Number
8405307104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$763,200
Current Approval
$763,200
Forgiveness Amount
$767,717
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rake
Address
16705 West Lincoln Avenue
ZIP Code
53151-2727
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424490)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$24.5M
Rural/Urban
Urban
Congressional District
WI-05

Loan Use Breakdown

Payroll
$572,400
Rent
$95,400
Utilities
$95,400

Lender Information

Servicing Lender
Wings Financial Cu
Originating Lender
Settlers Bank

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