PPP Loan information for Rmc ventures llc

$118,377

Rmc ventures llc was initially approved for PPP Loan of amount $118,377, the current approved amount is $118,377. The loan was approved on 04/09/2020 by The Chelsea Groton Bank reported 22 jobs and $118,377 was used to fund payroll.

Rmc ventures llc is Existing or more than 2 years old

PPP Loan Search / CT / NEW LONDON / Rmc ventures llc

RMC VENTURES LLC

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

RMC VENTURES LLC

Borrower Address

114 BANK ST

Borrower City

NEW LONDON

Borrower State

CT

Borrower Zip

06320-6002

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118377.00

Current Approval Amount

118377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-6002

CD

CT-02

Jobs Reported

22

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11837.50

Payroll Proceed

94702.00

Mortgage Interest Proceed

11837.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119207.26

Forgiveness Date

12/30/2020

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