PPP Loan information for Racs llc

$89,308

Racs llc was initially approved for PPP Loan of amount $89,308, the current approved amount is $89,308. The loan was approved on 01/17/2021 by The Timberline Bank reported 4 jobs and $89,308 was used to fund payroll.

Racs llc is Existing or more than 2 years old

PPP Loan Search / CO / Delta / Racs llc

RACS LLC

Date Approved

01/17/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

RACS LLC

Borrower Address

22235 H75 Rd

Borrower City

Delta

Borrower State

CO

Borrower Zip

81416-8362

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89307.50

Current Approval Amount

89307.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Delta

Project County Name

DELTA

Project State

CO

Project Zip

81416-8362

CD

CO-03

Jobs Reported

4

NAICS Code

213111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89305.50

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

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89878.08

Forgiveness Date

09/09/2021

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