# PPP loan: RACK LAW, P.C. FORMERLY RACK & MOCCIA, P.C.
> **$233K** approved 04/11/2020 · Paid in Full · Loan `3290567108`
## Borrower
- **Name:** RACK LAW, P.C. FORMERLY RACK & MOCCIA, P.C.
- **Address:** 222 Central Park Avenue, Ste 1920, VIRGINIA BEACH, VA, 23462-3013
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $343K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Jobs reported:** 16
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*