PPP Loan information for Downtown racine corporation

$34,600

Downtown racine corporation was initially approved for PPP Loan of amount $34,600, the current approved amount is $34,600. The loan was approved on 04/11/2020 by The Johnson Bank reported 4 jobs and $34,600 was used to fund payroll.

Downtown racine corporation is Existing or more than 2 years old

DOWNTOWN RACINE CORPORATION

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DOWNTOWN RACINE CORPORATION

Borrower Address

MAIN ST

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53403-0009

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34600.00

Current Approval Amount

34600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53403-0009

CD

WI-01

Jobs Reported

4

NAICS Code

925120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4325.00

Payroll Proceed

25950.00

Mortgage Interest Proceed

0.00

Rent Proceed

4325.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

34824.66

Forgiveness Date

12/10/2020

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