PPP Loan information for Racks llc

$9,300

Racks llc was initially approved for PPP Loan of amount $9,300, the current approved amount is $9,300. The loan was approved on 04/28/2020 by The Wallis Bank reported 5 jobs and $9,300 was used to fund payroll.

Racks llc is New Business or 2 years or less

PPP Loan Search / VA / herdon / Racks llc

RACKS LLC

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RACKS LLC

Borrower Address

2601 quincy adams road

Borrower City

herdon

Borrower State

VA

Borrower Zip

20171

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9300.00

Current Approval Amount

9300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

herdon

Project County Name

FAIRFAX

Project State

VA

Project Zip

20171-0001

CD

VA-11

Jobs Reported

5

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2325.00

Payroll Proceed

6975.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9404.62

Forgiveness Date

06/24/2021

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