As part of the Paycheck Protection Program RAC ENTERPRISES INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RAC ENTERPRISES INC


Loan Amount	$1,296,800
BusinessName	RAC ENTERPRISES INC
Address	104 E Vine St
City	Hatfield
State	PA
Zip	19440
NAICSCode	443142
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	82
DateApproved	04/03/2020
Lender	Mid Penn Bank
CD	PA-01
BusinessName.clean	RAC ENTERPRISES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RAC TRANSPORT COMPANY
RAC VENTURES
RACANELLI CONSTRUCTION COMPANY
RACCOON VALLEY MANAGEMENT
RACE FORWARD