PPP Loan information for R.a.c. builders, inc.

$174,240

R.a.c. builders, inc. was initially approved for PPP Loan of amount $174,240, the current approved amount is $174,240. The loan was approved on 04/11/2020 by The Freedom CU reported 5 jobs and $174,240 was used to fund payroll.

R.a.c. builders, inc. is Existing or more than 2 years old

PPP Loan Search / MA / AGAWAM / R.a.c. builders, inc.

R.A.C. BUILDERS, INC.

Date Approved

04/11/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

R.A.C. BUILDERS, INC.

Borrower Address

12 School Street

Borrower City

AGAWAM

Borrower State

MA

Borrower Zip

01001-3207

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174240.00

Current Approval Amount

174240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98617

Servicing Lender Name

Freedom CU

Servicing Lender Address

1976 Main St

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MA

Servicing Lender Zip

01103-1010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AGAWAM

Project County Name

HAMPDEN

Project State

MA

Project Zip

01001-3207

CD

MA-01

Jobs Reported

5

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

174240.00

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

98617

Originating Lender

Freedom CU

Originating Lender City

SPRINGFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175662.56

Forgiveness Date

02/10/2021

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