Rac Group

$327,500 PPP Loan in Fairfield, Connecticut

Loan Details

Loan Number
5620777202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$327,500
Current Approval
$327,500
Forgiveness Amount
$329,811
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rac Group
Address
1215-1 Post Road
ZIP Code
06824-6022
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
CT-04

Loan Use Breakdown

Payroll
$245,625
Mortgage Interest
$81,875

Lender Information

Servicing Lender
Bankwell Bank
Originating Lender
Bankwell Bank

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