PPP Loan information for The rack outdoors, inc.

$21,500

The rack outdoors, inc. was initially approved for PPP Loan of amount $24,000, the current approved amount is $21,500. The loan was approved on 04/06/2020 by The Peoples Bank reported 5 jobs and $21,500 was used to fund payroll.

The rack outdoors, inc. is Existing or more than 2 years old

PPP Loan Search / MS / COLLINS / The rack outdoors, inc.

THE RACK OUTDOORS, INC.

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE RACK OUTDOORS, INC.

Borrower Address

3049 US Highway 49

Borrower City

COLLINS

Borrower State

MS

Borrower Zip

39428

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24000.00

Current Approval Amount

21500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39596

Servicing Lender Name

Peoples Bank

Servicing Lender Address

160 E Maud Ave

Servicing Lender City

MENDENHALL

Servicing Lender State

MS

Servicing Lender Zip

39114-3575

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLLINS

Project County Name

COVINGTON

Project State

MS

Project Zip

39428-0001

CD

MS-03

Jobs Reported

5

NAICS Code

451110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21500.00

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

39596

Originating Lender

Peoples Bank

Originating Lender City

MENDENHALL

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21714.41

Forgiveness Date

04/14/2021

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