PPP Loan information for Rhymes & reasons, inc.

$101,700

Rhymes & reasons, inc. was initially approved for PPP Loan of amount $101,700, the current approved amount is $101,700. The loan was approved on 05/05/2020 by The Truist Bank reported 17 jobs and $101,700 was used to fund payroll.

Rhymes & reasons, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Rolesville / Rhymes & reasons, inc.

RHYMES & REASONS, INC.

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RHYMES & REASONS, INC.

Borrower Address

4905 Burlington Mills Road

Borrower City

Rolesville

Borrower State

NC

Borrower Zip

27571

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101700.00

Current Approval Amount

101700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rolesville

Project County Name

WAKE

Project State

NC

Project Zip

27571-0001

CD

NC-02

Jobs Reported

17

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103030.57

Forgiveness Date

08/30/2021

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