Rac & Associates, INC

$784,800 PPP Loan in Vista, California

Loan Details

Loan Number
5247077009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$784,800
Current Approval
$784,800
Forgiveness Amount
$793,809
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rac & Associates, INC
Address
2120 Thibodo Rd
City
Vista
ZIP Code
92081-7901
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (525920)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$26.7M
Rural/Urban
Urban
Congressional District
CA-49

Loan Use Breakdown

Payroll
$627,780
Rent
$45,000
Utilities
$22,020
Health Care
$90,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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