Racks Bar & Grille INC

$133,700 PPP Loan in Atco, New Jersey

Loan Details

Loan Number
2142847102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$133,700
Current Approval
$133,700
Forgiveness Amount
$135,231
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Racks Bar & Grille INC
Address
286 Whitehorse Pike
City
Atco
ZIP Code
08004
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$53,500
Rent
$80,200

Lender Information

Servicing Lender
Berkshire Bank
Originating Lender
Berkshire Bank

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