PPP Loan information for Rize inc

$449,700

Rize inc was initially approved for PPP Loan of amount $580,700, the current approved amount is $449,700. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 23 jobs and $449,700 was used to fund payroll.

Rize inc is Existing or more than 2 years old

RIZE INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RIZE INC

Borrower Address

575 Virginia Rd Suite 320B

Borrower City

CONCORD

Borrower State

MA

Borrower Zip

01742

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580700.00

Current Approval Amount

449700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01742-0001

CD

MA-03

Jobs Reported

23

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

449700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

452780.14

Forgiveness Date

01/06/2021

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