PPP Loan information for Rails company the

$313,180

Rails company the was initially approved for PPP Loan of amount $313,180, the current approved amount is $313,180. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 20 jobs and $313,180 was used to fund payroll.

Rails company the is Existing or more than 2 years old

PPP Loan Search / NJ / Maplewood / Rails company the

RAILS COMPANY THE

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RAILS COMPANY THE

Borrower Address

101 Newark Way

Borrower City

Maplewood

Borrower State

NJ

Borrower Zip

07040-3346

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

313180.00

Current Approval Amount

313180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maplewood

Project County Name

ESSEX

Project State

NJ

Project Zip

07040-3346

CD

NJ-11

Jobs Reported

20

NAICS Code

336510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

313174.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316491.99

Forgiveness Date

04/14/2022

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