Raks, Inc.
$76,900 PPP Loan in Sault Sainte Marie, Michigan
Loan Details
- Loan Number
- 8724697200
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $76,900
- Current Approval
- $76,900
- Forgiveness Amount
- $77,391
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Raks, Inc.
- Address
- 1425 Riverside Dr
- State
- Michigan
- ZIP Code
- 49783-9028
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $57,675
- Rent
- $9,613
- Utilities
- $9,613
Lender Information
- Servicing Lender
- 4front Credit Union
- Originating Lender
- Old Mission Bank
Other PPP Loans in Sault Sainte Marie, MI
| Business | Approved | |
|---|---|---|
| Vegas Kewadin | $5,655,970 | |
| Cloverland Electric Cooperative | $3,654,750 | |
| Chippewa Luce Mackinac Community Action Human Resource Autho | $848,339 | |
| Inter-Tribal Council of Mi, Inc. | $842,914 | |
| Spap Inc. | $454,066 |
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