PPP Loan information for Rising sun developing, inc

$2,708,333

Rising sun developing, inc was initially approved for PPP Loan of amount $2,708,333, the current approved amount is $2,708,333. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 395 jobs and $2,708,333 was used to fund payroll.

Rising sun developing, inc is Existing or more than 2 years old

RISING SUN DEVELOPING, INC

Date Approved

05/01/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RISING SUN DEVELOPING, INC

Borrower Address

2555 PALUMBO DR

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40509

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2708333.00

Current Approval Amount

2708333.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40509-0001

CD

KY-06

Jobs Reported

395

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2708333.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2739403.60

Forgiveness Date

06/22/2021

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