PPP Loan information for Riac entertainment corporation

$106,300

Riac entertainment corporation was initially approved for PPP Loan of amount $106,300, the current approved amount is $106,300. The loan was approved on 04/07/2020 by The The Citizens National Bank of Meridian reported 33 jobs and $106,300 was used to fund payroll.

Riac entertainment corporation is Existing or more than 2 years old

PPP Loan Search / MS / HERNANDO / Riac entertainment corporation

RIAC ENTERTAINMENT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RIAC ENTERTAINMENT CORPORATION

Borrower Address

2973 OAK MANOR DR

Borrower City

HERNANDO

Borrower State

MS

Borrower Zip

38632-8592

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106300.00

Current Approval Amount

106300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERNANDO

Project County Name

DESOTO

Project State

MS

Project Zip

38632-8592

CD

MS-01

Jobs Reported

33

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10630.00

Payroll Proceed

85040.00

Mortgage Interest Proceed

10630.00

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107058.86

Forgiveness Date

12/23/2020

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