PPP Loan information for Rac security systems inc

$25,647

Rac security systems inc was initially approved for PPP Loan of amount $25,647, the current approved amount is $25,647. The loan was approved on 03/04/2021 by The First Bank reported 4 jobs and $25,647 was used to fund payroll.

Rac security systems inc is Existing or more than 2 years old

RAC SECURITY SYSTEMS INC

Date Approved

03/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RAC SECURITY SYSTEMS INC

Borrower Address

315 W 14th St

Borrower City

Front Royal

Borrower State

VA

Borrower Zip

22630-2817

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25646.92

Current Approval Amount

25646.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Front Royal

Project County Name

WARREN

Project State

VA

Project Zip

22630-2817

CD

VA-06

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25643.92

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

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25891.28

Forgiveness Date

02/14/2022

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