PPP Loan information for Racette electric, inc.

$70,100

Racette electric, inc. was initially approved for PPP Loan of amount $70,100, the current approved amount is $70,100. The loan was approved on 04/06/2020 by The Bar Harbor Bank & Trust reported 8 jobs and $70,100 was used to fund payroll.

Racette electric, inc. is Existing or more than 2 years old

PPP Loan Search / VT / PITTSFORD / Racette electric, inc.

RACETTE ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

RACETTE ELECTRIC, INC.

Borrower Address

857 Sangamon Road

Borrower City

PITTSFORD

Borrower State

VT

Borrower Zip

05763-9450

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70100.00

Current Approval Amount

70100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29575

Servicing Lender Name

Bar Harbor Bank & Trust

Servicing Lender Address

82 Main St

Servicing Lender City

BAR HARBOR

Servicing Lender State

ME

Servicing Lender Zip

04609-1840

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PITTSFORD

Project County Name

RUTLAND

Project State

VT

Project Zip

05763-9450

CD

VT-

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70100.00

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

29575

Originating Lender

Bar Harbor Bank & Trust

Originating Lender City

BAR HARBOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70559.54

Forgiveness Date

12/08/2020

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