# PPP loan: RPAC RACING LLC
> **$747K** approved 06/03/2020 · Paid in Full · Loan `7362887805`
## Borrower
- **Name:** RPAC RACING LLC
- **Address:** 297 INDUSTRIAL DR, LEXINGTON, NC, 27295-7619
- **NAICS:** 711211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $747K
- **Initial approval:** $747K
- **Forgiven:** $755K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $747K
- **Jobs reported:** 43
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*