PPP Loan information for Rac electric inc

$68,760

Rac electric inc was initially approved for PPP Loan of amount $68,760, the current approved amount is $68,760. The loan was approved on 02/06/2021 by The Wells Fargo Bank, National Association reported 7 jobs and $68,760 was used to fund payroll.

Rac electric inc is Existing or more than 2 years old

PPP Loan Search / FL / Pembroke Pines / Rac electric inc

RAC ELECTRIC INC

Date Approved

02/06/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

RAC ELECTRIC INC

Borrower Address

1100 SW 189th Ave

Borrower City

Pembroke Pines

Borrower State

FL

Borrower Zip

33029-6050

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68760.00

Current Approval Amount

68760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pembroke Pines

Project County Name

BROWARD

Project State

FL

Project Zip

33029-6050

CD

FL-25

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

68757.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69289.36

Forgiveness Date

11/17/2021

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