PPP Loan information for Strack incorporated

$3,780,500

Strack incorporated was initially approved for PPP Loan of amount $3,249,000, the current approved amount is $3,780,500. The loan was approved on 04/07/2020 by The Cadence Bank reported 200 jobs and $3,780,500 was used to fund payroll.

Strack incorporated is Existing or more than 2 years old

PPP Loan Search / GA / FAIRBURN / Strack incorporated

STRACK INCORPORATED

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

STRACK INCORPORATED

Borrower Address

125 LASER INDUSTRIAL CT

Borrower City

FAIRBURN

Borrower State

GA

Borrower Zip

30213-1646

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3249000.00

Current Approval Amount

3780500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRBURN

Project County Name

FULTON

Project State

GA

Project Zip

30213-1646

CD

GA-13

Jobs Reported

200

NAICS Code

237120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3780500.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3823870.74

Forgiveness Date

06/09/2021

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