PPP Loan information for Raco, inc.

$358,200

Raco, inc. was initially approved for PPP Loan of amount $358,200, the current approved amount is $358,200. The loan was approved on 04/13/2020 by The American National Bank and Trust Company reported 40 jobs and $358,200 was used to fund payroll.

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

PPP Loan Search / VA / GRETNA / Raco, inc.

RACO, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RACO, INC.

Borrower Address

2000 Lotus Drive

Borrower City

GRETNA

Borrower State

VA

Borrower Zip

24557-4170

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358200.00

Current Approval Amount

358200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRETNA

Project County Name

PITTSYLVANIA

Project State

VA

Project Zip

24557-4170

CD

VA-05

Jobs Reported

40

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

358200.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361314.35

Forgiveness Date

03/02/2021

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