PPP Loan information for Racktop systems inc.

$659,635

Racktop systems inc. was initially approved for PPP Loan of amount $659,635, the current approved amount is $659,635. The loan was approved on 02/22/2021 by The Loan Source Incorporated reported 35 jobs and $659,635 was used to fund payroll.

Racktop systems inc. is Existing or more than 2 years old

PPP Loan Search / MD / Fulton / Racktop systems inc.

RACKTOP SYSTEMS INC.

Date Approved

02/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RACKTOP SYSTEMS INC.

Borrower Address

8170 Maple Lawn Blvd Ste 180

Borrower City

Fulton

Borrower State

MD

Borrower Zip

20759-2575

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

659635.00

Current Approval Amount

659635.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fulton

Project County Name

HOWARD

Project State

MD

Project Zip

20759-2575

CD

MD-03

Jobs Reported

35

NAICS Code

511210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

659631.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

664008.47

Forgiveness Date

10/25/2021

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