Rac Construction Inc, T/a Ideal Construction

$125,000 PPP Loan in Metuchen, New Jersey

Loan Details

Loan Number
1271367200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$125,000
Current Approval
$125,000
Forgiveness Amount
$125,890
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rac Construction Inc, T/a Ideal Construction
Address
104 Norcross Avenue, Suite a
ZIP Code
08840
Business Type
Corporation
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$125,000

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

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