PPP Loan information for Rise residential llc

$1,549,422

Rise residential llc was initially approved for PPP Loan of amount $1,549,422, the current approved amount is $1,549,422. The loan was approved on 03/23/2021 by The The First Bank reported 158 jobs and $1,549,422 was used to fund payroll.

Rise residential llc is Existing or more than 2 years old

PPP Loan Search / GA / Valdosta / Rise residential llc

RISE RESIDENTIAL LLC

Date Approved

03/23/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RISE RESIDENTIAL LLC

Borrower Address

129 N Patterson St

Borrower City

Valdosta

Borrower State

GA

Borrower Zip

31601-5538

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1549422.30

Current Approval Amount

1549422.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Valdosta

Project County Name

LOWNDES

Project State

GA

Project Zip

31601-5538

CD

GA-08

Jobs Reported

158

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1549419.30

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1561688.56

Forgiveness Date

01/06/2022

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