PPP Loan information for Rac construction corp

$20,000

Rac construction corp was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $20,000 was used to fund payroll.

Rac construction corp is New Business or 2 years or less

PPP Loan Search / NY / VALLEY STREAM / Rac construction corp

RAC CONSTRUCTION CORP

Date Approved

05/01/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

RAC CONSTRUCTION CORP

Borrower Address

15 RIVA CT

Borrower City

VALLEY STREAM

Borrower State

NY

Borrower Zip

11581-2839

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

VALLEY STREAM

Project County Name

NASSAU

Project State

NY

Project Zip

11581-2839

CD

NY-04

Jobs Reported

4

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19671.25

Forgiveness Date

03/11/2021

;