Racom Corporation

$1,647,000 PPP Loan in Marshalltown, Iowa

Loan Details

Loan Number
4684877006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,647,000
Current Approval
$1,647,000
Forgiveness Amount
$1,661,457
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Racom Corporation
Address
201 West State Street
State
Iowa
ZIP Code
50158-5841
Business Type
Corporation
Industry (NAICS)
Retail Trade (443142)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$37.1M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,647,000

Lender Information

Servicing Lender
Central Bank
Originating Lender
Central Bank

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