PPP Loan information for Racey paving & excavating llc

$49,500

Racey paving & excavating llc was initially approved for PPP Loan of amount $49,500, the current approved amount is $49,500. The loan was approved on 04/09/2020 by The United Bank reported 9 jobs and $49,500 was used to fund payroll.

Racey paving & excavating llc is Existing or more than 2 years old

RACEY PAVING & EXCAVATING LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RACEY PAVING & EXCAVATING LLC

Borrower Address

1982 Junction Road

Borrower City

STRASBURG

Borrower State

VA

Borrower Zip

22657-4103

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49500.00

Current Approval Amount

49500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STRASBURG

Project County Name

SHENANDOAH

Project State

VA

Project Zip

22657-4103

CD

VA-06

Jobs Reported

9

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49920.75

Forgiveness Date

02/25/2021

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