PPP Loan information for River city community development corporation

$110,000

River city community development corporation was initially approved for PPP Loan of amount $110,000, the current approved amount is $110,000. The loan was approved on 04/13/2020 by The Truist Bank reported 11 jobs and $110,000 was used to fund payroll.

River city community development corporation is Existing or more than 2 years old

RIVER CITY COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RIVER CITY COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

501 E MAIN ST

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27909-4429

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110000.00

Current Approval Amount

110000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH CITY

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-4429

CD

NC-01

Jobs Reported

11

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111054.17

Forgiveness Date

04/05/2021

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