PPP Loan information for R & s racing inc.

$25,600

R & s racing inc. was initially approved for PPP Loan of amount $25,600, the current approved amount is $25,600. The loan was approved on 04/08/2020 by The Raccoon Valley Bank reported 2 jobs and $25,600 was used to fund payroll.

R & s racing inc. is Existing or more than 2 years old

PPP Loan Search / IA / WINTERSET / R & s racing inc.

R & S RACING INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R & S RACING INC.

Borrower Address

901 N 8TH ST

Borrower City

WINTERSET

Borrower State

IA

Borrower Zip

50273-2306

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25600.00

Current Approval Amount

25600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINTERSET

Project County Name

MADISON

Project State

IA

Project Zip

50273-2306

CD

IA-03

Jobs Reported

2

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25600.00

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

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25807.64

Forgiveness Date

02/04/2021

;