# PPP loan: RAC-JAC PROPERTIES, INC.
> **$186K** approved 04/10/2020 · Paid in Full · Loan `1820607106`
## Borrower
- **Name:** RAC-JAC PROPERTIES, INC.
- **Address:** 1500 Thompson Blvd, Sedalia, MO, 65301-2247
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Jobs reported:** 28
## Lender
- **Originating:** The Bank of Old Monroe
- **Servicing:** The Bank of Old Monroe (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*