PPP Loan information for Reliance it inc.

$195,787

Reliance it inc. was initially approved for PPP Loan of amount $195,787, the current approved amount is $195,787. The loan was approved on 03/23/2021 by The Live Oak Banking Company reported 10 jobs and $195,787 was used to fund payroll.

Reliance it inc. is Existing or more than 2 years old

RELIANCE IT INC.

Date Approved

03/23/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

RELIANCE IT INC.

Borrower Address

1013 Long Prairie Rd Ste 101

Borrower City

Flower Mound

Borrower State

TX

Borrower Zip

75022-4223

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195787.00

Current Approval Amount

195787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flower Mound

Project County Name

DENTON

Project State

TX

Project Zip

75022-4223

CD

TX-26

Jobs Reported

10

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

195785.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198254.45

Forgiveness Date

07/06/2022

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