Racers Ag Service

$16,247 PPP Loan in Palestine, Arkansas

Loan Details

Loan Number
7961927000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$16,247
Current Approval
$16,247
Forgiveness Amount
$16,336
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Racers Ag Service
Address
731 Highway 259 S
ZIP Code
72372-8606
Business Type
Sole Proprietorship
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115112)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$12,185
Utilities
$4,062

Lender Information

Servicing Lender
Armor Bank
Originating Lender
Armor Bank

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