PPP Loan information for Rack industrial llc

$28,371

Rack industrial llc was initially approved for PPP Loan of amount $28,371, the current approved amount is $28,371. The loan was approved on 02/05/2021 by The Peoples State Bank reported 3 jobs and $28,371 was used to fund payroll.

Rack industrial llc is Existing or more than 2 years old

PPP Loan Search / WI / Wausau / Rack industrial llc

RACK INDUSTRIAL LLC

Date Approved

02/05/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

RACK INDUSTRIAL LLC

Borrower Address

6085 Stettin Dr

Borrower City

Wausau

Borrower State

WI

Borrower Zip

54401-8461

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28370.94

Current Approval Amount

28370.94

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wausau

Project County Name

MARATHON

Project State

WI

Project Zip

54401-8461

CD

WI-07

Jobs Reported

3

NAICS Code

541614

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28370.94

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

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28653.07

Forgiveness Date

02/03/2022

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