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 Wallis Bank
, TX. RACKS LLC
reported 5 jobs and $6,975
was used to fund payroll.
RACKS LLC is Limited Liability Company(LLC) business based in XXX quincy adams road, herdon , VA 20171
| Items | Values |
|---|---|
| LoanNumber | 8432507209 |
| DateApproved | 04/28/2020 |
| SBAOfficeCode | 0353 |
| ProcessingMethod | PPP |
| BorrowerName | RACKS LLC |
| BorrowerAddress | XXX quincy adams road |
| BorrowerCity | herdon |
| BorrowerState | VA |
| BorrowerZip | 20171 |
| LoanStatusDate | |
| LoanStatus | Exemption 4 |
| Term | 24 |
| SBAGuarantyPercentage | 100 |
| InitialApprovalAmount | $9,300 |
| CurrentApprovalAmount | $9,300 |
| UndisbursedAmount | 0 |
| FranchiseName | |
| ServicingLenderLocationID | 72083 |
| ServicingLenderName | Wallis Bank |
| ServicingLenderAddress | 6510 Railroad St |
| ServicingLenderCity | WALLIS |
| ServicingLenderState | TX |
| ServicingLenderZip | 77485-9186 |
| RuralUrbanIndicator | U |
| HubzoneIndicator | N |
| LMIIndicator | N |
| BusinessAgeDescription | New Business or 2 years or less |
| ProjectCity | herdon |
| ProjectCountyName | FAIRFAX |
| ProjectState | VA |
| ProjectZip | 20171-0001 |
| CD | VA-10 |
| JobsReported | 5 |
| NAICSCode | 999990 |
| Race | Asian |
| Ethnicity | Not Hispanic or Latino |
| UTILITIES_PROCEED | 2325 |
| PAYROLL_PROCEED | 6975 |
| MORTGAGE_INTEREST_PROCEED | |
| RENT_PROCEED | |
| REFINANCE_EIDL_PROCEED | |
| HEALTH_CARE_PROCEED | |
| DEBT_INTEREST_PROCEED | |
| BusinessType | Limited Liability Company(LLC) |
| OriginatingLenderLocationID | 72083 |
| OriginatingLender | Wallis Bank |
| OriginatingLenderCity | WALLIS |
| OriginatingLenderState | TX |
| Gender | Male Owned |
| Veteran | Non-Veteran |
| NonProfit |