# PPP loan: HENRY RAC HOLDING CORP
> **$3.77M** approved 04/11/2020 · Paid in Full · Loan `2709017102`
## Borrower
- **Name:** HENRY RAC HOLDING CORP
- **Address:** 107 West Coleman Street, Rice Lake, WI, 54868-2452
- **NAICS:** 332994
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.77M
- **Initial approval:** $3.77M
- **Forgiven:** $3.84M (102%)
- **Forgiveness date:** 12/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.12M
- **Rent:** $218K
- **Utilities:** $140K
- **Health care:** $292K
- **Debt interest:** $5K
- **Jobs reported:** 384
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*