PPP Loan information for R.a.c security systems inc

$25,600

R.a.c security systems inc was initially approved for PPP Loan of amount $25,600, the current approved amount is $25,600. The loan was approved on 05/01/2020 by The First Bank reported 5 jobs and $25,600 was used to fund payroll.

R.a.c security systems inc is Existing or more than 2 years old

R.A.C SECURITY SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R.A.C SECURITY SYSTEMS INC

Borrower Address

314 W 14TH STREET

Borrower City

FRONT ROYAL

Borrower State

VA

Borrower Zip

22630

Loan Status Date

05/19/2021

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

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

22630-0001

CD

VA-06

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

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

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

25843.91

Forgiveness Date

04/22/2021

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