PPP Loan information for Rac construction company inc

$48,750

Rac construction company inc was initially approved for PPP Loan of amount $48,750, the current approved amount is $48,750. The loan was approved on 01/25/2021 by The BankPlus reported 4 jobs and $48,750 was used to fund payroll.

Rac construction company inc is Existing or more than 2 years old

RAC CONSTRUCTION COMPANY INC

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RAC CONSTRUCTION COMPANY INC

Borrower Address

321 Washington St Ste 214A

Borrower City

Livingston

Borrower State

AL

Borrower Zip

35470-9790

Loan Status Date

10/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48750.00

Current Approval Amount

48750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livingston

Project County Name

SUMTER

Project State

AL

Project Zip

35470-9790

CD

AL-07

Jobs Reported

4

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48746.00

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49054.69

Forgiveness Date

09/13/2021

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