PPP Loan information for Associated rack corporation

$1,059,026

Associated rack corporation was initially approved for PPP Loan of amount $1,059,026, the current approved amount is $1,059,026. The loan was approved on 02/10/2021 by The Marine Bank & Trust Company reported 85 jobs and $1,059,026 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

02/10/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

ASSOCIATED RACK CORPORATION

Borrower Address

1245 16th St

Borrower City

Vero Beach

Borrower State

FL

Borrower Zip

32960-3620

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1059026.00

Current Approval Amount

1059026.00

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

32960-3620

CD

FL-08

Jobs Reported

85

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1059020.00

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

1064567.75

Forgiveness Date

08/23/2021

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