As part of the Paycheck Protection Program RAC VENTURES LLC 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 VENTURES LLC


Loan Amount	$893,100
BusinessName	RAC VENTURES LLC
Address	3929 Baybrook Ct.
City	MIDLAND
State	TX
Zip	79707
NAICSCode	213112
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	78
DateApproved	04/06/2020
Lender	FirstCapital Bank of Texas, National Association
CD	TX-11
BusinessName.clean	RAC VENTURES

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

RACANELLI CONSTRUCTION COMPANY
RACCOON VALLEY MANAGEMENT
RACE FORWARD
RACELAND RAW SUGAR
RACEMARK INTERNATIONAL