Racoe, Inc.

$175,163 PPP Loan in Red Boiling Springs, Tennessee

Loan Details

Loan Number
6779227001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$175,163
Current Approval
$175,163
Forgiveness Amount
$176,200
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Racoe, Inc.
Address
327 College St
ZIP Code
37150-2138
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (315280)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$16.9M
Rural/Urban
Rural
Congressional District
TN-06

Loan Use Breakdown

Payroll
$175,163

Lender Information

Servicing Lender
Macon Bank and Trust Company
Originating Lender
Macon Bank and Trust Company

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