# PPP loan: TRUCK RACKS BY RACK-IT INC.
> **$565K** approved 04/15/2020 · Paid in Full · Loan `9979757103`
## Borrower
- **Name:** TRUCK RACKS BY RACK-IT INC.
- **Address:** 3910 DIVIDEND DR, CAMERON PARK, CA, 95682-7214
- **NAICS:** 335313
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 12/07/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $565K
- **Jobs reported:** 62
## Lender
- **Originating:** First & Farmers National Bank, Inc.
- **Servicing:** First & Farmers National Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*