# PPP loan: RAAS INFOTEK LLC
> **$1.13M** approved 04/11/2020 · Paid in Full · Loan `3196817104`
## Borrower
- **Name:** RAAS INFOTEK LLC
- **Address:** 262 Chapman RD STE 105A, NEWARK, DE, 19702-5406
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 62
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*