As part of the Paycheck Protection Program RACK INDUSTRIES, 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.

RACK INDUSTRIES, LLC


Loan Amount	$898,300
BusinessName	RACK INDUSTRIES, LLC
Address	5100 Andrews Hwy
City	MIDLAND
State	TX
Zip	79703
NAICSCode	333132
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	50
DateApproved	04/03/2020
Lender	First National Bank Baird d/b/a First Bank Texas
CD	TX-11
BusinessName.clean	RACK INDUSTRIES

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

RACKEMANN SAWYER BREWSTER
RACKLEY COMPANY
RACKLEY ROOFING COMPANY
RACKSON RESTAURANTS
RACKTOP SYSTEMS