PPP Loan information for Racine auto body inc

$233,500

Racine auto body inc was initially approved for PPP Loan of amount $233,500, the current approved amount is $233,500. The loan was approved on 04/07/2020 by The Town Bank, National Association reported 14 jobs and $233,500 was used to fund payroll.

Racine auto body inc is Existing or more than 2 years old

RACINE AUTO BODY INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RACINE AUTO BODY INC

Borrower Address

1100 S. Airline Rd

Borrower City

Racine

Borrower State

WI

Borrower Zip

53406-3888

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233500.00

Current Approval Amount

233500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122838

Servicing Lender Name

Town Bank, National Association

Servicing Lender Address

850 W North Shore Dr

Servicing Lender City

HARTLAND

Servicing Lender State

WI

Servicing Lender Zip

53029-8355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Racine

Project County Name

RACINE

Project State

WI

Project Zip

53406-3888

CD

WI-01

Jobs Reported

14

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175125.00

Mortgage Interest Proceed

0.00

Rent Proceed

58375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122838

Originating Lender

Town Bank, National Association

Originating Lender City

HARTLAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235491.24

Forgiveness Date

02/18/2021

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