Rac Enterprises INC

$1,296,800 PPP Loan in Hatfield, Pennsylvania

Loan Details

Loan Number
4443257007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,296,800
Current Approval
$1,296,800
Forgiveness Amount
$1,304,221
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rac Enterprises INC
Address
104 E Vine St
ZIP Code
19440-2521
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (443142)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$25.1M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$1,296,800

Lender Information

Servicing Lender
Mid Penn Bank
Originating Lender
Mid Penn Bank

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