# PPP loan: RACKTOP SYSTEMS INC.
> **$660K** approved 02/22/2021 · Paid in Full · Loan `2946508510`
## Borrower
- **Name:** RACKTOP SYSTEMS INC.
- **Address:** 8170 Maple Lawn Blvd Ste 180, Fulton, MD, 20759-2575
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $660K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*