PPP Loan information for Rhorer mutual industries, inc.

$88,400

Rhorer mutual industries, inc. was initially approved for PPP Loan of amount $88,400, the current approved amount is $88,400. The loan was approved on 04/06/2020 by The The First Bank reported 10 jobs and $88,400 was used to fund payroll.

Rhorer mutual industries, inc. is Existing or more than 2 years old

RHORER MUTUAL INDUSTRIES, INC.

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RHORER MUTUAL INDUSTRIES, INC.

Borrower Address

37376 MANCHAC PARK RD

Borrower City

PRAIRIEVILLE

Borrower State

LA

Borrower Zip

70769-3716

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88400.00

Current Approval Amount

88400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRAIRIEVILLE

Project County Name

ASCENSION

Project State

LA

Project Zip

70769-3716

CD

LA-06

Jobs Reported

10

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1907.00

Payroll Proceed

81493.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89205.42

Forgiveness Date

03/11/2021

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