PPP Loan information for R & h motor lines inc

$314,396

R & h motor lines inc was initially approved for PPP Loan of amount $314,396, the current approved amount is $314,396. The loan was approved on 04/27/2020 by The First Horizon Bank reported 25 jobs and $314,396 was used to fund payroll.

R & h motor lines inc is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / R & h motor lines inc

R & H MOTOR LINES INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

R & H MOTOR LINES INC

Borrower Address

3344 R H DR

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27205-1728

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314396.00

Current Approval Amount

314396.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-1728

CD

NC-09

Jobs Reported

25

NAICS Code

532120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6076.00

Payroll Proceed

298056.00

Mortgage Interest Proceed

0.00

Rent Proceed

10264.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

319181.81

Forgiveness Date

11/10/2021

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