PPP Loan information for Racks sbg llc

$368,448

Racks sbg llc was initially approved for PPP Loan of amount $368,448, the current approved amount is $368,448. The loan was approved on 02/10/2021 by The Synovus Bank reported 28 jobs and $368,448 was used to fund payroll.

Racks sbg llc is Existing or more than 2 years old

PPP Loan Search / GA / Cumming / Racks sbg llc

RACKS SBG LLC

Date Approved

02/10/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RACKS SBG LLC

Borrower Address

4620 Hemingway Trl

Borrower City

Cumming

Borrower State

GA

Borrower Zip

30041-8975

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

368448.00

Current Approval Amount

368448.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cumming

Project County Name

FORSYTH

Project State

GA

Project Zip

30041-8975

CD

GA-06

Jobs Reported

28

NAICS Code

327320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

368446.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371476.34

Forgiveness Date

12/16/2021

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