Racette Electric, Inc.

$70,100 PPP Loan in Pittsford, Vermont

Loan Details

Loan Number
6054127009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$70,100
Current Approval
$70,100
Forgiveness Amount
$70,560
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Racette Electric, Inc.
Address
857 Sangamon Road
State
Vermont
ZIP Code
05763-9450
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$70,100

Lender Information

Servicing Lender
Bar Harbor Bank & Trust
Originating Lender
Bar Harbor Bank & Trust

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