PPP Loan information for Raceway utilities inc

$98,205

Raceway utilities inc was initially approved for PPP Loan of amount $99,842, the current approved amount is $98,205. The loan was approved on 05/14/2020 by The Heritage Bank reported 11 jobs and $98,205 was used to fund payroll.

Raceway utilities inc is New Business or 2 years or less

RACEWAY UTILITIES INC

Date Approved

05/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

RACEWAY UTILITIES INC

Borrower Address

3324 53rd St SE

Borrower City

AUBURN

Borrower State

WA

Borrower Zip

98092

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99842.00

Current Approval Amount

98205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

AUBURN

Project County Name

KING

Project State

WA

Project Zip

98092-0002

CD

WA-08

Jobs Reported

11

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98205.00

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

Subchapter S Corporation

Originating Lender Location Id

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99087.50

Forgiveness Date

04/14/2021

;