PPP Loan information for Rare earth group llc

$23,200

Rare earth group llc was initially approved for PPP Loan of amount $23,200, the current approved amount is $23,200. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 2 jobs and $23,200 was used to fund payroll.

Rare earth group llc is New Business or 2 years or less

RARE EARTH GROUP LLC

Date Approved

05/01/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RARE EARTH GROUP LLC

Borrower Address

200 MAIN ST

Borrower City

VERONA

Borrower State

MS

Borrower Zip

38879-2300

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23200.00

Current Approval Amount

23200.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

VERONA

Project County Name

LEE

Project State

MS

Project Zip

38879-2300

CD

MS-01

Jobs Reported

2

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5201.26

Forgiveness Date

10/07/2021

;