PPP Loan information for Racey engineering, pllc

$249,200

Racey engineering, pllc was initially approved for PPP Loan of amount $249,200, the current approved amount is $249,200. The loan was approved on 04/08/2020 by The Blue Ridge Bank, National Association reported 24 jobs and $249,200 was used to fund payroll.

Racey engineering, pllc is Existing or more than 2 years old

PPP Loan Search / VA / LURAY / Racey engineering, pllc

RACEY ENGINEERING, PLLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RACEY ENGINEERING, PLLC

Borrower Address

PO Box 387 312 W MAIN ST

Borrower City

LURAY

Borrower State

VA

Borrower Zip

22835-1023

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249200.00

Current Approval Amount

249200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LURAY

Project County Name

PAGE

Project State

VA

Project Zip

22835-1023

CD

VA-06

Jobs Reported

24

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249200.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250625.98

Forgiveness Date

11/05/2020

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