PPP Loan information for Rat race management, inc.

$693,600

Rat race management, inc. was initially approved for PPP Loan of amount $693,600, the current approved amount is $693,600. The loan was approved on 04/07/2020 by The Lake Forest Bank & Trust Company, National Association reported 65 jobs and $693,600 was used to fund payroll.

Rat race management, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Rat race management, inc.

RAT RACE MANAGEMENT, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAT RACE MANAGEMENT, INC.

Borrower Address

2300 s stratford rd

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27103-6224

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693600.00

Current Approval Amount

693600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-6224

CD

NC-05

Jobs Reported

65

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

520200.00

Mortgage Interest Proceed

0.00

Rent Proceed

173400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

700574.53

Forgiveness Date

04/15/2021

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