PPP Loan information for Banks best rates, inc.

$178,830

Banks best rates, inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $178,830. The loan was approved on 05/18/2020 by The Fountainhead SBF LLC reported 13 jobs and $178,830 was used to fund payroll.

Banks best rates, inc. is New Business or 2 years or less

BANKS BEST RATES, INC.

Date Approved

05/18/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

BANKS BEST RATES, INC.

Borrower Address

931 Ellis Park Drive

Borrower City

Wentzville

Borrower State

MO

Borrower Zip

63385

Loan Status Date

01/11/2022

Loan Status

Charged Off

Term

33

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

178830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Wentzville

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63385-0001

CD

MO-03

Jobs Reported

13

NAICS Code

519130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178830.00

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

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161964.39

Forgiveness Date

03/29/2022

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