PPP Loan information for Racks bar & grille inc

$133,700

Racks bar & grille inc was initially approved for PPP Loan of amount $133,700, the current approved amount is $133,700. The loan was approved on 04/10/2020 by The Berkshire Bank reported 27 jobs and $133,700 was used to fund payroll.

Racks bar & grille inc is Existing or more than 2 years old

PPP Loan Search / NJ / ATCO / Racks bar & grille inc

RACKS BAR & GRILLE INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RACKS BAR & GRILLE INC

Borrower Address

286 Whitehorse Pike

Borrower City

ATCO

Borrower State

NJ

Borrower Zip

08004

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133700.00

Current Approval Amount

133700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATCO

Project County Name

CAMDEN

Project State

NJ

Project Zip

08004-0001

CD

NJ-01

Jobs Reported

27

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53500.00

Mortgage Interest Proceed

0.00

Rent Proceed

80200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

135231.14

Forgiveness Date

06/22/2021

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