PPP Loan information for Algorhythm io inc

$96,767

Algorhythm io inc was initially approved for PPP Loan of amount $96,767, the current approved amount is $96,767. The loan was approved on 03/26/2021 by The Wells Fargo Bank, National Association reported 5 jobs and $96,767 was used to fund payroll.

Algorhythm io inc is Existing or more than 2 years old

ALGORHYTHM IO INC

Date Approved

03/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ALGORHYTHM IO INC

Borrower Address

122 W Montgomery St

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21230-3620

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96767.00

Current Approval Amount

96767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21230-3620

CD

MD-07

Jobs Reported

5

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

96766.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97382.07

Forgiveness Date

11/17/2021

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