PPP Loan information for Rectangle beach incorporated

$102,400

Rectangle beach incorporated was initially approved for PPP Loan of amount $102,485, the current approved amount is $102,400. The loan was approved on 04/10/2020 by The Byline Bank reported 30 jobs and $102,400 was used to fund payroll.

Rectangle beach incorporated is Existing or more than 2 years old

PPP Loan Search / VA / BLACKSBURG / Rectangle beach incorporated

RECTANGLE BEACH INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RECTANGLE BEACH INCORPORATED

Borrower Address

2730 Old Fort Rd

Borrower City

BLACKSBURG

Borrower State

VA

Borrower Zip

24060

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102485.00

Current Approval Amount

102400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-0001

CD

VA-09

Jobs Reported

30

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102400.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103557.69

Forgiveness Date

06/08/2021

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