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Rachel 1 Inc.

$74,716 PPP Loan in Fairhope, Alabama

Loan Details

Loan Number
9060158700
Date Approved
Apr 8, 2021
Loan Status
Paid in Full
Initial Approval
$74,716
Current Approval
$74,716
Forgiveness Amount
$75,709
Forgiveness Date
Aug 15, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rachel 1 Inc.
Address
8594 US Highway 98
City
Fairhope
State
Alabama
ZIP Code
36532-5806
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$74,710
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Trustmark National Bank

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