PPP Loan information for Rio grande # 5 inc

$80,700

Rio grande # 5 inc was initially approved for PPP Loan of amount $80,700, the current approved amount is $80,700. The loan was approved on 04/29/2020 by The Bank of Oak Ridge reported 12 jobs and $80,700 was used to fund payroll.

Rio grande # 5 inc is Existing or more than 2 years old

RIO GRANDE # 5 INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RIO GRANDE # 5 INC

Borrower Address

122 East Meadow Rd

Borrower City

Eden

Borrower State

NC

Borrower Zip

27288

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80700.00

Current Approval Amount

80700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eden

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27288-0800

CD

NC-06

Jobs Reported

12

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80700.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81628.05

Forgiveness Date

06/24/2021

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