PPP borrower record

RACOE, INC. PPP loan record

Public SBA PPP loan record for RACOE, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$175,163
Approved amount
$176,200
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
RACOE, INC.
Loan number
6779227001
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Red Boiling Springs
Borrower state
Tennessee
Borrower ZIP
37150
Jobs reported
48
Loan status
Paid in Full
Forgiveness date
2020-11-17
Servicing lender
Macon Bank and Trust Company
Originating lender
Macon Bank and Trust Company

Reported use of proceeds

Payroll
$175,163
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.