PPP Loan information for Rac-jac properties, inc.

$185,500

Rac-jac properties, inc. was initially approved for PPP Loan of amount $185,500, the current approved amount is $185,500. The loan was approved on 04/10/2020 by The The Bank of Old Monroe reported 28 jobs and $185,500 was used to fund payroll.

Rac-jac properties, inc. is Existing or more than 2 years old

RAC-JAC PROPERTIES, INC.

Date Approved

04/10/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

RAC-JAC PROPERTIES, INC.

Borrower Address

1500 Thompson Blvd

Borrower City

Sedalia

Borrower State

MO

Borrower Zip

65301-2247

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185500.00

Current Approval Amount

185500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41186

Servicing Lender Name

The Bank of Old Monroe

Servicing Lender Address

2100 Hwy C

Servicing Lender City

OLD MONROE

Servicing Lender State

MO

Servicing Lender Zip

63369-2417

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sedalia

Project County Name

PETTIS

Project State

MO

Project Zip

65301-2247

CD

MO-04

Jobs Reported

28

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185500.00

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

Subchapter S Corporation

Originating Lender Location Id

41186

Originating Lender

The Bank of Old Monroe

Originating Lender City

OLD MONROE

Originating Lender State

MO

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

186566.62

Forgiveness Date

11/12/2020

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