PPP Loan information for Rac ent inc

$128,800

Rac ent inc was initially approved for PPP Loan of amount $128,800, the current approved amount is $128,800. The loan was approved on 04/09/2020 by The Manufacturers and Traders Trust Company reported 9 jobs and $128,800 was used to fund payroll.

Rac ent inc is Existing or more than 2 years old

PPP Loan Search / PA / HAZLETON / Rac ent inc

RAC ENT INC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

RAC ENT INC

Borrower Address

12 Jaycee Dr

Borrower City

HAZLETON

Borrower State

PA

Borrower Zip

18202-1142

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128800.00

Current Approval Amount

128800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAZLETON

Project County Name

LUZERNE

Project State

PA

Project Zip

18202-1142

CD

PA-08

Jobs Reported

9

NAICS Code

444130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

2800.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129653.96

Forgiveness Date

12/15/2020

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