# PPP loan: RAC INDUSTRIES LLC
> **$596K** approved 02/14/2021 · Paid in Full · Loan `8940308407`
## Borrower
- **Name:** RAC INDUSTRIES LLC
- **Address:** 3207 Preston Ave, Pasadena, TX, 77505-2002
- **NAICS:** 237110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $596K
- **Initial approval:** $596K
- **Forgiven:** $599K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $596K
- **Jobs reported:** 58
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*