# PPP loan: RACAR ENGINEERING LLC
> **$778K** approved 04/15/2020 · Paid in Full · Loan `1636707210`
## Borrower
- **Name:** RACAR ENGINEERING LLC
- **Address:** 555 METRO PL N STE 500, DUBLIN, OH, 43017
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $778K
- **Initial approval:** $778K
- **Forgiven:** $784K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $716K
- **Rent:** $7K
- **Utilities:** $500
- **Health care:** $55K
- **Jobs reported:** 47
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*