Race City Steel INC
$387,700 PPP Loan in Denver, North Carolina
Loan Details
- Loan Number
- 6561557003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $387,700
- Current Approval
- $387,700
- Forgiveness Amount
- $390,931
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Race City Steel INC
- Address
- 4052 North Highway 16
- City
- Denver
- State
- North Carolina
- ZIP Code
- 28037-7908
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $10.5M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Payroll
- $387,700
Lender Information
- Servicing Lender
- Peoples Bank
- Originating Lender
- Peoples Bank
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|---|---|---|
| Air T, Inc. | $8,215,100 | |
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| Drs. Farrell, Farrell, Nale, Cook, Kapitan, Mohamed, Franco, | $1,697,500 | |
| Tree Brand Packaging INC | $1,210,000 |
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