Rack Industries LLC
$898,300 PPP Loan in Midland, Texas
Loan Details
- Loan Number
- 7509948409
- Date Approved
- Feb 12, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $898,300
- Current Approval
- $898,300
- Forgiveness Amount
- $905,237
- Forgiveness Date
- Nov 24, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Rack Industries LLC
- Address
- 5100 Andrews Hwy
- City
- Midland
- State
- Texas
- ZIP Code
- 79703-4523
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (333914)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $13.1M
- Rural/Urban
- Urban
- Congressional District
- TX-11
Loan Use Breakdown
- Payroll
- $898,295
- Utilities
- $1
Lender Information
- Servicing Lender
- First National Bank and Trust Company of Weatherford D/b/a First Bank Texas
- Originating Lender
- First National Bank and Trust Company of Weatherford D/b/a First Bank Texas
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