Date Approved
02/12/2021
SBA Office Code
0678
Processing Method
PPS
Borrower Name
RAC VENTURES LLC
Borrower Address
3929 Baybrook Ct
Borrower City
Midland
Borrower State
TX
Borrower Zip
79707-1431
Loan Status Date
05/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
528900.67
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
69819
Servicing Lender Name
Prosperity Bank
Servicing Lender Address
1301 N Mechanic
Servicing Lender City
El Campo
Servicing Lender State
Servicing Lender Zip
77437
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDLAND
Project State
Project Zip
CD
TX-11
Jobs Reported
23
NAICS Code
213112
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
528894.67
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
535059.10
Forgiveness Date
04/28/2022