Rrac Contractors, Inc.

$845,907 PPP Loan in Shreveport, Louisiana

Loan Details

Loan Number
2882127202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$845,907
Current Approval
$845,907
Forgiveness Amount
$854,082
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rrac Contractors, Inc.
Address
3403 Marks Street
ZIP Code
71103
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$19.0M
Rural/Urban
Urban
Congressional District
LA-04

Loan Use Breakdown

Payroll
$692,776
Rent
$5,000
Utilities
$32,500
Health Care
$100,459
Debt Interest
$15,172

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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