PPP Loan information for Trac builders inc

$669,300

Trac builders inc was initially approved for PPP Loan of amount $669,300, the current approved amount is $669,300. The loan was approved on 04/05/2020 by The Bank Rhode Island reported 45 jobs and $669,300 was used to fund payroll.

Trac builders inc is Existing or more than 2 years old

PPP Loan Search / RI / PROVIDENCE / Trac builders inc

TRAC BUILDERS INC

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

TRAC BUILDERS INC

Borrower Address

28 WOLCOTT ST

Borrower City

PROVIDENCE

Borrower State

RI

Borrower Zip

02908-5508

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

669300.00

Current Approval Amount

669300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02908-5508

CD

RI-02

Jobs Reported

45

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

669300.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

663237.49

Forgiveness Date

11/20/2020

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