Rac Ventures LLC

$528,901 PPP Loan in Midland, Texas

Loan Details

Loan Number
7867338403
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$528,901
Current Approval
$528,901
Forgiveness Amount
$535,059
Forgiveness Date
Apr 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rac Ventures LLC
Address
3929 Baybrook Ct
State
Texas
ZIP Code
79707-1431
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$528,895
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

Other PPP Loans in Midland, TX

BusinessApproved
Yellowjacket Oilfield Services, L.l.c.$9,486,850NewBizBotAI Deep Dive
Imperative Chemical Partners, Inc.$8,693,400NewBizBotAI Deep Dive
Energy Services Holdings, LLC$7,349,975NewBizBotAI Deep Dive
The Bosworth Company, Ltd$5,900,000NewBizBotAI Deep Dive
Wildcat Oil Tools, LLC$5,190,800NewBizBotAI Deep Dive

Want to research this company further?