PPP Loan information for Racs, llc

$89,300

Racs, llc was initially approved for PPP Loan of amount $89,300, the current approved amount is $89,300. The loan was approved on 04/04/2020 by The Timberline Bank reported 8 jobs and $89,300 was used to fund payroll.

Racs, llc is Existing or more than 2 years old

RACS, LLC

Date Approved

04/04/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

RACS, LLC

Borrower Address

22235 H75 RD

Borrower City

DELTA

Borrower State

CO

Borrower Zip

81416-8362

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89300.00

Current Approval Amount

89300.00

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

8

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89300.00

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

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

90004.48

Forgiveness Date

01/20/2021

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