PPP Loan information for Rent a tool inc

$62,000

Rent a tool inc was initially approved for PPP Loan of amount $62,000, the current approved amount is $62,000. The loan was approved on 04/08/2020 by The South Atlantic Bank reported 9 jobs and $62,000 was used to fund payroll.

Rent a tool inc is Existing or more than 2 years old

RENT A TOOL INC

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RENT A TOOL INC

Borrower Address

1511 OLD HIGHWAY 17 N

Borrower City

NORTH MYRTLE BEACH

Borrower State

SC

Borrower Zip

29582-2522

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62000.00

Current Approval Amount

62000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452235

Servicing Lender Name

South Atlantic Bank

Servicing Lender Address

630 29th Ave N

Servicing Lender City

MYRTLE BEACH

Servicing Lender State

SC

Servicing Lender Zip

29577-3169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH MYRTLE BEACH

Project County Name

HORRY

Project State

SC

Project Zip

29582-2522

CD

SC-07

Jobs Reported

9

NAICS Code

532310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62000.00

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

452235

Originating Lender

South Atlantic Bank

Originating Lender City

MYRTLE BEACH

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62358.22

Forgiveness Date

11/05/2020

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