PPP Loan information for Rio motors inc

$42,800

Rio motors inc was initially approved for PPP Loan of amount $42,800, the current approved amount is $42,800. The loan was approved on 04/08/2020 by The Hebron Savings Bank reported 7 jobs and $42,800 was used to fund payroll.

Rio motors inc is Existing or more than 2 years old

PPP Loan Search / DE / FRANKFORD / Rio motors inc

RIO MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

RIO MOTORS INC

Borrower Address

33139 DUPONT BLVD

Borrower City

FRANKFORD

Borrower State

DE

Borrower Zip

19945-3809

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42800.00

Current Approval Amount

42800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORD

Project County Name

SUSSEX

Project State

DE

Project Zip

19945-3809

CD

DE-

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42800.00

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

Subchapter S Corporation

Originating Lender Location Id

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43110.30

Forgiveness Date

01/07/2021

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