PPP Loan information for The rack llc

$183,687

The rack llc was initially approved for PPP Loan of amount $183,687, the current approved amount is $183,687. The loan was approved on 01/20/2021 by The Skowhegan Savings Bank reported 20 jobs and $183,687 was used to fund payroll.

The rack llc is Existing or more than 2 years old

PPP Loan Search / ME / Carrabassett Valley / The rack llc

THE RACK LLC

Date Approved

01/20/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

THE RACK LLC

Borrower Address

5016 Access Rd

Borrower City

Carrabassett Valley

Borrower State

ME

Borrower Zip

04947-6817

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183687.00

Current Approval Amount

183687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29894

Servicing Lender Name

Skowhegan Savings Bank

Servicing Lender Address

13 Elm St

Servicing Lender City

SKOWHEGAN

Servicing Lender State

ME

Servicing Lender Zip

04976-1201

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carrabassett Valley

Project County Name

FRANKLIN

Project State

ME

Project Zip

04947-6817

CD

ME-02

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

183681.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29894

Originating Lender

Skowhegan Savings Bank

Originating Lender City

SKOWHEGAN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

184891.17

Forgiveness Date

09/22/2021

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