PPP Loan information for Rackers mfg inc

$36,100

Rackers mfg inc was initially approved for PPP Loan of amount $36,100, the current approved amount is $36,100. The loan was approved on 04/10/2020 by The Commerce Bank reported 5 jobs and $36,100 was used to fund payroll.

Rackers mfg inc is Existing or more than 2 years old

RACKERS MFG INC

Date Approved

04/10/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

RACKERS MFG INC

Borrower Address

405 Industrial Rd

Borrower City

CALIFORNIA

Borrower State

MO

Borrower Zip

65018-1878

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36100.00

Current Approval Amount

36100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALIFORNIA

Project County Name

MONITEAU

Project State

MO

Project Zip

65018-1878

CD

MO-03

Jobs Reported

5

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5200.00

Payroll Proceed

27600.00

Mortgage Interest Proceed

3300.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36564.29

Forgiveness Date

07/21/2021

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