PPP Loan information for Rand enterprises inc

$553,500

Rand enterprises inc was initially approved for PPP Loan of amount $553,500, the current approved amount is $553,500. The loan was approved on 01/23/2021 by The Primis Bank reported 22 jobs and $553,500 was used to fund payroll.

Rand enterprises inc is Existing or more than 2 years old

RAND ENTERPRISES INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RAND ENTERPRISES INC

Borrower Address

850 39th St # S101

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23607-3171

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

553500.00

Current Approval Amount

553500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23607-3171

CD

VA-03

Jobs Reported

22

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

553497.00

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

Subchapter S Corporation

Originating Lender Location Id

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

558276.78

Forgiveness Date

12/09/2021

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