Racm, Inc.

$743,200 PPP Loan in Wichita Falls, Texas

Loan Details

Loan Number
5715167003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$743,200
Current Approval
$743,200
Forgiveness Amount
$748,279
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Racm, Inc.
Address
1510 15th St
State
Texas
ZIP Code
76301-5117
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
190
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$743,200

Lender Information

Servicing Lender
American National Bank & Trust
Originating Lender
American National Bank & Trust

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