Rack Works, Inc.

$200,400 PPP Loan in Pilot Mountain, North Carolina

Loan Details

Loan Number
4610207001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$200,400
Current Approval
$183,400
Forgiveness Amount
$184,399
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rack Works, Inc.
Address
207 Premier Lane
ZIP Code
27041-9108
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$183,400

Lender Information

Servicing Lender
First Community Bank
Originating Lender
First Community Bank

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