PPP Loan information for Raceway technology & mfg inc

$550,000

Raceway technology & mfg inc was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 03/12/2021 by The Readycap Lending, LLC reported 58 jobs and $550,000 was used to fund payroll.

Raceway technology & mfg inc is Existing or more than 2 years old

PPP Loan Search / WA / Tacoma / Raceway technology & mfg inc

RACEWAY TECHNOLOGY & MFG INC

Date Approved

03/12/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

RACEWAY TECHNOLOGY & MFG INC

Borrower Address

1427 E 26th St

Borrower City

Tacoma

Borrower State

WA

Borrower Zip

98421-2311

Loan Status Date

09/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tacoma

Project County Name

PIERCE

Project State

WA

Project Zip

98421-2311

CD

WA-09

Jobs Reported

58

NAICS Code

326122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

549999.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

557504.11

Forgiveness Date

08/04/2022

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