PPP Loan information for Raco distributing inc.

$6,500

Raco distributing inc. was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 04/30/2020 by The First Missouri Bank of Semo reported 3 jobs and $6,500 was used to fund payroll.

Raco distributing inc. is Existing or more than 2 years old

PPP Loan Search / MO / DEXTER / Raco distributing inc.

RACO DISTRIBUTING INC.

Date Approved

04/30/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

RACO DISTRIBUTING INC.

Borrower Address

7114 COUNTY ROAD 659

Borrower City

DEXTER

Borrower State

MO

Borrower Zip

63841-8647

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41093

Servicing Lender Name

First Missouri Bank of Semo

Servicing Lender Address

500 Independence Ave

Servicing Lender City

KENNETT

Servicing Lender State

MO

Servicing Lender Zip

63857-2516

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEXTER

Project County Name

STODDARD

Project State

MO

Project Zip

63841-8647

CD

MO-08

Jobs Reported

3

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

650.00

Payroll Proceed

5200.00

Mortgage Interest Proceed

650.00

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

41093

Originating Lender

First Missouri Bank of Semo

Originating Lender City

KENNETT

Originating Lender State

MO

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6541.35

Forgiveness Date

12/16/2020

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