Rack Electric, LLC
$382,200 PPP Loan in Boca Raton, Florida
Loan Details
- Loan Number
- 5447767009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $382,200
- Current Approval
- $409,000
- Forgiveness Amount
- $415,678
- Forgiveness Date
- Dec 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rack Electric, LLC
- Address
- 153 NW 16th Street
- City
- Boca Raton
- State
- Florida
- ZIP Code
- 33432-1606
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 41
- Estimated Revenue
- $13.5M
- Rural/Urban
- Urban
- Congressional District
- FL-23
Loan Use Breakdown
- Payroll
- $306,750
- Utilities
- $102,250
Lender Information
- Servicing Lender
- City National Bank of Florida
- Originating Lender
- City National Bank of Florida
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