Rat Race Management, Inc.

$693,600 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
7241757010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$693,600
Current Approval
$693,600
Forgiveness Amount
$700,575
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rat Race Management, Inc.
Address
2300 S Stratford Rd
ZIP Code
27103-6224
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$520,200
Rent
$173,400

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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