Date Approved
04/07/2020
SBA Office Code
0405
Processing Method
PPP
Borrower Name
RISE RESIDENTIAL LLC
Borrower Address
129 NORTH PATTERSON ST
Borrower City
VALDOSTA
Borrower State
GA
Borrower Zip
31601-5538
Loan Status Date
04/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1737977.00
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOWNDES
Project State
Project Zip
CD
GA-08
Jobs Reported
144
NAICS Code
531311
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4250.00
Payroll Proceed
1623372.00
Mortgage Interest Proceed
Rent Proceed
44000.00
Refinance EIDL Proceed
Health Care Proceed
66355.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1754729.17
Forgiveness Date
03/31/2021