Racnc, LLC

$897,500 PPP Loan in Matthews, North Carolina

Loan Details

Loan Number
8987867009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$897,500
Current Approval
$897,500
Forgiveness Amount
$906,350
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Racnc, LLC
Address
9300 East Independence Blvd.
ZIP Code
28105-4508
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Audi Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
NC-14

Loan Use Breakdown

Payroll
$897,500

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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