PPP Loan information for Rack men equipment company inc.

$72,717

Rack men equipment company inc. was initially approved for PPP Loan of amount $72,717, the current approved amount is $72,717. The loan was approved on 03/30/2021 by The Truist Bank reported 8 jobs and $72,717 was used to fund payroll.

Rack men equipment company inc. is Existing or more than 2 years old

RACK MEN EQUIPMENT COMPANY INC.

Date Approved

03/30/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RACK MEN EQUIPMENT COMPANY INC.

Borrower Address

102 Pyron Ct NE

Borrower City

Cartersville

Borrower State

GA

Borrower Zip

30121-6095

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72716.90

Current Approval Amount

72716.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cartersville

Project County Name

BARTOW

Project State

GA

Project Zip

30121-6095

CD

GA-11

Jobs Reported

8

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72714.90

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73126.94

Forgiveness Date

10/25/2021

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