# PPP loan: RACKS SBH LLC
> **$353K** approved 04/10/2020 · Paid in Full · Loan `1461147107`
## Borrower
- **Name:** RACKS SBH LLC
- **Address:** 4620 HEMINGWAY TRL, CUMMING, GA, 30041-8975
- **NAICS:** 327320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Jobs reported:** 22
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*