Raco, Inc.

$358,200 PPP Loan in Gretna, Virginia

Loan Details

Loan Number
4460007102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$358,200
Current Approval
$358,200
Forgiveness Amount
$361,314
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raco, Inc.
Address
2000 Lotus Drive
City
Gretna
ZIP Code
24557-4170
Business Type
Corporation
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.4M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$358,200

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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