PPP Loan information for Rrac contractors, inc.

$845,907

Rrac contractors, inc. was initially approved for PPP Loan of amount $845,907, the current approved amount is $845,907. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 60 jobs and $845,907 was used to fund payroll.

Rrac contractors, inc. is Existing or more than 2 years old

PPP Loan Search / LA / Shreveport / Rrac contractors, inc.

RRAC CONTRACTORS, INC.

Date Approved

04/16/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RRAC CONTRACTORS, INC.

Borrower Address

3403 Marks Street

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71103

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

845907.00

Current Approval Amount

845907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shreveport

Project County Name

CADDO

Project State

LA

Project Zip

71103-0001

CD

LA-04

Jobs Reported

60

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32500.00

Payroll Proceed

692776.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100459.00

Debt Interest Proceed

15172

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

854081.75

Forgiveness Date

04/08/2021

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