PPP Loan information for Rio's inc

$166,855

Rio's inc was initially approved for PPP Loan of amount $166,855, the current approved amount is $166,855. The loan was approved on 01/20/2021 by The Bank of Oak Ridge reported 19 jobs and $166,855 was used to fund payroll.

Rio's inc is Existing or more than 2 years old

RIO'S INC

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RIO'S INC

Borrower Address

1614 Highwoods Blvd Ste B

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27410-2070

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

166855.00

Current Approval Amount

166855.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27410-2070

CD

NC-06

Jobs Reported

19

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

166853.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168565.26

Forgiveness Date

02/03/2022

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