PPP Loan information for Rio motor sports and transport inc

$49,195

Rio motor sports and transport inc was initially approved for PPP Loan of amount $49,195, the current approved amount is $49,195. The loan was approved on 05/21/2020 by The Bank of America, National Association reported 3 jobs and $49,195 was used to fund payroll.

Rio motor sports and transport inc is Existing or more than 2 years old

RIO MOTOR SPORTS AND TRANSPORT INC

Date Approved

05/21/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RIO MOTOR SPORTS AND TRANSPORT INC

Borrower Address

1 CANTERBURY ST

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-3526

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49195.00

Current Approval Amount

49195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-3526

CD

MA-06

Jobs Reported

3

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49195.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49677.52

Forgiveness Date

05/20/2021

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