PPP Loan information for Rackless, inc.

$41,400

Rackless, inc. was initially approved for PPP Loan of amount $41,400, the current approved amount is $41,400. The loan was approved on 04/29/2020 by The Regions Bank reported 6 jobs and $41,400 was used to fund payroll.

Rackless, inc. is Existing or more than 2 years old

PPP Loan Search / TN / Spring Hill / Rackless, inc.

RACKLESS, INC.

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RACKLESS, INC.

Borrower Address

1007 St Hubbins Dr,

Borrower City

Spring Hill

Borrower State

TN

Borrower Zip

37174

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spring Hill

Project County Name

MAURY

Project State

TN

Project Zip

37174-0001

CD

TN-04

Jobs Reported

6

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41400.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41681.29

Forgiveness Date

01/08/2021

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