PPP Loan information for Rackem pub & billiards inc

$95,400

Rackem pub & billiards inc was initially approved for PPP Loan of amount $194,700, the current approved amount is $95,400. The loan was approved on 04/10/2020 by The Truist Bank reported 18 jobs and $95,400 was used to fund payroll.

Rackem pub & billiards inc is Existing or more than 2 years old

PPP Loan Search / NC / MATTHEWS / Rackem pub & billiards inc

RACKEM PUB & BILLIARDS INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RACKEM PUB & BILLIARDS INC

Borrower Address

1898 Windsor Dr Ste A

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28105-4662

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194700.00

Current Approval Amount

95400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTHEWS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28105-4662

CD

NC-12

Jobs Reported

18

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

96303.65

Forgiveness Date

04/01/2021

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