PPP Loan information for Rac materials llc

$85,034

Rac materials llc was initially approved for PPP Loan of amount $85,034, the current approved amount is $85,034. The loan was approved on 02/11/2021 by The Simmons Bank reported 11 jobs and $85,034 was used to fund payroll.

Rac materials llc is Existing or more than 2 years old

RAC MATERIALS LLC

Date Approved

02/11/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

RAC MATERIALS LLC

Borrower Address

12106 Holderrieth Rd

Borrower City

Tomball

Borrower State

TX

Borrower Zip

77375-7320

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85034.00

Current Approval Amount

85034.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tomball

Project County Name

HARRIS

Project State

TX

Project Zip

77375-7320

CD

TX-10

Jobs Reported

11

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85030.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85292.60

Forgiveness Date

06/15/2021

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