PPP Loan information for Rare parts inc

$300,660

Rare parts inc was initially approved for PPP Loan of amount $300,660, the current approved amount is $300,660. The loan was approved on 04/10/2020 by The BAC Community Bank reported 25 jobs and $300,660 was used to fund payroll.

Rare parts inc is Existing or more than 2 years old

RARE PARTS INC

Date Approved

04/10/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

RARE PARTS INC

Borrower Address

621 WILSHIRE AVE

Borrower City

STOCKTON

Borrower State

CA

Borrower Zip

95203-1900

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300660.00

Current Approval Amount

300660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14851

Servicing Lender Name

BAC Community Bank

Servicing Lender Address

517 E Weber Ave

Servicing Lender City

Stockton

Servicing Lender State

CA

Servicing Lender Zip

95202-3016

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STOCKTON

Project County Name

SAN JOAQUIN

Project State

CA

Project Zip

95203-1900

CD

CA-09

Jobs Reported

25

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10065.00

Payroll Proceed

254377.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16218.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

14851

Originating Lender

BAC Community Bank

Originating Lender City

Stockton

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

303407.70

Forgiveness Date

03/11/2021

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