# PPP loan: RACO GENERAL CONTRACTORS INC
> **$195K** approved 05/12/2020 · Paid in Full · Loan `5474517402`
## Borrower
- **Name:** RACO GENERAL CONTRACTORS INC
- **Address:** 1401 DALON RD NE, ATLANTA, GA, 30306
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 13
## Lender
- **Originating:** Southern First Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*