As part of the Paycheck Protection Program RAKS BUILDING SUPPLY INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RAKS BUILDING SUPPLY INC


Loan Amount	$1,219,510
BusinessName	RAKS BUILDING SUPPLY INC
Address	108 CARSON DR
City	LOS LUNAS
State	NM
Zip	87031
NAICSCode	423310
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/09/2020
Lender	Century Bank
CD	NM-02
BusinessName.clean	RAKS BUILDING SUPPLY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RAL INVESTMENT
RAL LANDSCAPE
RALCO INDUSTRIES
RALCO NUTRITION
RALEIGH CAPITOL EAR NOSE AND THROAT