PPP Loan information for Rac insurance services inc

$59,895

Rac insurance services inc was initially approved for PPP Loan of amount $59,895, the current approved amount is $59,895. The loan was approved on 02/05/2021 by The Pioneer Bank reported 7 jobs and $59,895 was used to fund payroll.

Rac insurance services inc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Rac insurance services inc

RAC INSURANCE SERVICES INC

Date Approved

02/05/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RAC INSURANCE SERVICES INC

Borrower Address

1819 N Turner St Ste G

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-3834

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59894.54

Current Approval Amount

59894.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78043

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

3000 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-6676

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-3834

CD

NM-03

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59894.54

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

78043

Originating Lender

Pioneer Bank

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60516.46

Forgiveness Date

02/25/2022

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