PPP Loan information for Associated rack corporation

$1,059,025

Associated rack corporation was initially approved for PPP Loan of amount $1,059,025, the current approved amount is $1,059,025. The loan was approved on 04/11/2020 by The Marine Bank & Trust Company reported 95 jobs and $1,059,025 was used to fund payroll.

Associated rack corporation is Existing or more than 2 years old

PPP Loan Search / FL / Vero Beach / Associated rack corporation

ASSOCIATED RACK CORPORATION

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ASSOCIATED RACK CORPORATION

Borrower Address

1245 16th Street

Borrower City

Vero Beach

Borrower State

FL

Borrower Zip

32960

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1059025.00

Current Approval Amount

1059025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121441

Servicing Lender Name

Marine Bank & Trust Company

Servicing Lender Address

571 Beachland Blvd

Servicing Lender City

VERO BEACH

Servicing Lender State

FL

Servicing Lender Zip

32963-1742

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vero Beach

Project County Name

INDIAN RIVER

Project State

FL

Project Zip

32960-0300

CD

FL-08

Jobs Reported

95

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1059025.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121441

Originating Lender

Marine Bank & Trust Company

Originating Lender City

VERO BEACH

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1069673.28

Forgiveness Date

04/19/2021

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