PPP Loan information for Jac/rac investment co inc

$44,307

Jac/rac investment co inc was initially approved for PPP Loan of amount $44,307, the current approved amount is $44,307. The loan was approved on 04/28/2020 by The Bank of Ocean City reported 10 jobs and $44,307 was used to fund payroll.

Jac/rac investment co inc is Existing or more than 2 years old

PPP Loan Search / DE / FRANKFORD / Jac/rac investment co inc

JAC/RAC INVESTMENT CO INC

Date Approved

04/28/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

JAC/RAC INVESTMENT CO INC

Borrower Address

36887 JAHNIGEN DR

Borrower City

FRANKFORD

Borrower State

DE

Borrower Zip

19945-4591

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44307.00

Current Approval Amount

44307.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORD

Project County Name

SUSSEX

Project State

DE

Project Zip

19945-4591

CD

DE-

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44307.00

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

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41524.29

Forgiveness Date

11/10/2020

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