Rachit Drug INC

$107,575 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
8608807308
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$107,575
Current Approval
$95,973
Forgiveness Amount
$97,553
Forgiveness Date
Jan 4, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Rachit Drug INC
Address
233 Lyons Avenue
City
Newark
ZIP Code
07112
Business Type
Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-10

Loan Use Breakdown

Payroll
$95,973

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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