PPP Loan information for The rack llc

$131,200

The rack llc was initially approved for PPP Loan of amount $131,200, the current approved amount is $131,200. The loan was approved on 04/28/2020 by The Skowhegan Savings Bank reported 27 jobs and $131,200 was used to fund payroll.

The rack llc is Existing or more than 2 years old

PPP Loan Search / ME / CARRABASSETT VALLEY / The rack llc

THE RACK LLC

Date Approved

04/28/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE RACK LLC

Borrower Address

5016 ACCESS RD

Borrower City

CARRABASSETT VALLEY

Borrower State

ME

Borrower Zip

04947

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131200.00

Current Approval Amount

131200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29894

Servicing Lender Name

Skowhegan Savings Bank

Servicing Lender Address

13 Elm St

Servicing Lender City

SKOWHEGAN

Servicing Lender State

ME

Servicing Lender Zip

04976-1201

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARRABASSETT VALLEY

Project County Name

FRANKLIN

Project State

ME

Project Zip

04947-0001

CD

ME-02

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131200.00

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

29894

Originating Lender

Skowhegan Savings Bank

Originating Lender City

SKOWHEGAN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131921.60

Forgiveness Date

11/20/2020

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