PPP Loan information for Rare

$1,673,982

Rare was initially approved for PPP Loan of amount $1,673,982, the current approved amount is $1,673,982. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 79 jobs and $1,673,982 was used to fund payroll.

Rare is New Business or 2 years or less

PPP Loan Search / VA / ARLINGTON / Rare

RARE

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RARE

Borrower Address

1310 N COURTHOUSE RD STE 110

Borrower City

ARLINGTON

Borrower State

VA

Borrower Zip

22201-2594

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1673982.00

Current Approval Amount

1673982.00

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

New Business or 2 years or less

Project City

ARLINGTON

Project County Name

ARLINGTON

Project State

VA

Project Zip

22201-2594

CD

VA-08

Jobs Reported

79

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1673982.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1688291.11

Forgiveness Date

03/10/2021

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