PPP Loan information for Rci sound systems

$408,203

Rci sound systems was initially approved for PPP Loan of amount $408,203, the current approved amount is $408,203. The loan was approved on 04/14/2020 by The Truist Bank reported 32 jobs and $408,203 was used to fund payroll.

Rci sound systems is Existing or more than 2 years old

RCI SOUND SYSTEMS

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RCI SOUND SYSTEMS

Borrower Address

10721 HANNA ST

Borrower City

BELTSVILLE

Borrower State

MD

Borrower Zip

20705-2122

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408203.30

Current Approval Amount

408203.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-2122

CD

MD-04

Jobs Reported

32

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

408203.30

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

Partnership

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

412988.35

Forgiveness Date

06/25/2021

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