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
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

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