PPP Loan information for Rack & ballauer excavating co inc

$1,134,207

Rack & ballauer excavating co inc was initially approved for PPP Loan of amount $1,134,207, the current approved amount is $1,134,207. The loan was approved on 03/24/2021 by The PNC Bank, National Association reported 50 jobs and $1,134,207 was used to fund payroll.

Rack & ballauer excavating co inc is Existing or more than 2 years old

RACK & BALLAUER EXCAVATING CO INC

Date Approved

03/24/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

RACK & BALLAUER EXCAVATING CO INC

Borrower Address

11321 Paddys Run Rd 11321 Paddys Run Rd

Borrower City

Hamilton

Borrower State

OH

Borrower Zip

45013-9403

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1134207.00

Current Approval Amount

1134207.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hamilton

Project County Name

BUTLER

Project State

OH

Project Zip

45013-9403

CD

OH-08

Jobs Reported

50

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1134203.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1145927.14

Forgiveness Date

04/07/2022

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