PPP Loan information for Residential bancorp.

$1,712,371

Residential bancorp. was initially approved for PPP Loan of amount $1,712,371, the current approved amount is $1,712,371. The loan was approved on 04/15/2020 by The Texas Capital Bank reported 167 jobs and $1,712,371 was used to fund payroll.

Residential bancorp. is Existing or more than 2 years old

RESIDENTIAL BANCORP.

Date Approved

04/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RESIDENTIAL BANCORP.

Borrower Address

5686 Dressler Road, NW

Borrower City

NORTH CANTON

Borrower State

OH

Borrower Zip

44720-7764

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1712371.00

Current Approval Amount

1712371.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH CANTON

Project County Name

STARK

Project State

OH

Project Zip

44720-7764

CD

OH-13

Jobs Reported

167

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1284278.00

Mortgage Interest Proceed

0.00

Rent Proceed

428093.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1732168.82

Forgiveness Date

06/18/2021

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