PPP Loan information for Rack processing company inc

$835,300

Rack processing company inc was initially approved for PPP Loan of amount $835,200, the current approved amount is $835,300. The loan was approved on 04/07/2020 by The First Financial Bank reported 68 jobs and $835,300 was used to fund payroll.

Rack processing company inc is Existing or more than 2 years old

PPP Loan Search / OH / MORAINE / Rack processing company inc

RACK PROCESSING COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

RACK PROCESSING COMPANY INC

Borrower Address

2350 ARBOR BLVD

Borrower City

MORAINE

Borrower State

OH

Borrower Zip

45439-1724

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

835200.00

Current Approval Amount

835300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57811

Servicing Lender Name

First Financial Bank

Servicing Lender Address

255 E Fifth St Ste 700

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-4700

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORAINE

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45439-1724

CD

OH-10

Jobs Reported

68

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

835300.00

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

Corporation

Originating Lender Location Id

57811

Originating Lender

First Financial Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

841341.62

Forgiveness Date

12/31/2020

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