PPP Loan information for Racc medical associates llc

$462,200

Racc medical associates llc was initially approved for PPP Loan of amount $462,200, the current approved amount is $462,200. The loan was approved on 04/08/2020 by The 1st Source Bank reported 51 jobs and $462,200 was used to fund payroll.

Racc medical associates llc is Existing or more than 2 years old

RACC MEDICAL ASSOCIATES LLC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RACC MEDICAL ASSOCIATES LLC

Borrower Address

1721 Magnovox Way

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46804

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

462200.00

Current Approval Amount

462200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46804-0001

CD

IN-03

Jobs Reported

51

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

462200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

454800.15

Forgiveness Date

11/09/2020

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