Racoe, Inc.

$175,164 PPP Loan in Red Boiling Springs, Tennessee

Loan Details

Loan Number
1216178304
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$175,164
Current Approval
$175,164
Forgiveness Amount
$176,239
Forgiveness Date
Sep 7, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Racoe, Inc.
Address
327 College St
ZIP Code
37150-2138
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (315210)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$13.8M
Rural/Urban
Rural
Congressional District
TN-06

Loan Use Breakdown

Payroll
$175,159
Utilities
$1

Lender Information

Servicing Lender
Macon Bank and Trust Company
Originating Lender
Macon Bank and Trust Company

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