PPP Loan information for Rising holdings inc.

$2,000,000

Rising holdings inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/22/2021 by The CIBC Bank USA reported 159 jobs and $2,000,000 was used to fund payroll.

Rising holdings inc. is Existing or more than 2 years old

RISING HOLDINGS INC.

Date Approved

02/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RISING HOLDINGS INC.

Borrower Address

325 N La Salle Dr Ste 600

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60654-2657

Loan Status Date

04/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60654-2657

CD

IL-07

Jobs Reported

159

NAICS Code

541219

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2020712.33

Forgiveness Date

03/18/2022

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