PPP Loan information for Raace trucking llc

$20,833

Raace trucking llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/02/2021 by The Western Commerce Bank reported 2 jobs and $20,833 was used to fund payroll.

Raace trucking llc is Existing or more than 2 years old

PPP Loan Search / NM / Lovington / Raace trucking llc

RAACE TRUCKING LLC

Date Approved

04/02/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RAACE TRUCKING LLC

Borrower Address

813 W Harrison Ave

Borrower City

Lovington

Borrower State

NM

Borrower Zip

88260-2625

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.50

Current Approval Amount

20832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lovington

Project County Name

LEA

Project State

NM

Project Zip

88260-2625

CD

NM-03

Jobs Reported

2

NAICS Code

488390

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20825.50

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

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20971.76

Forgiveness Date

12/07/2021

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