PPP Loan information for Rack guys inc

$22,875

Rack guys inc was initially approved for PPP Loan of amount $22,875, the current approved amount is $22,875. The loan was approved on 04/28/2020 by The FirstBank reported 2 jobs and $22,875 was used to fund payroll.

Rack guys inc is Existing or more than 2 years old

RACK GUYS INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RACK GUYS INC

Borrower Address

611 Mount Zion Road

Borrower City

Gleason

Borrower State

TN

Borrower Zip

38229-6663

Loan Status Date

12/17/2021

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

22875.00

Current Approval Amount

22875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68822

Servicing Lender Name

FirstBank

Servicing Lender Address

211 Commerce St, Ste 300

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-1810

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gleason

Project County Name

WEAKLEY

Project State

TN

Project Zip

38229-0001

CD

TN-08

Jobs Reported

2

NAICS Code

337215

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22875.00

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

68822

Originating Lender

FirstBank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;