PPP Loan information for Rmg corp

$264,898

Rmg corp was initially approved for PPP Loan of amount $264,898, the current approved amount is $264,898. The loan was approved on 02/24/2021 by The Truist Bank reported 62 jobs and $264,898 was used to fund payroll.

Rmg corp is Existing or more than 2 years old

RMG CORP

Date Approved

02/24/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RMG CORP

Borrower Address

3535 Newport Bay Dr

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30005-8600

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

264897.50

Current Approval Amount

264897.50

Undisbursed Amount

0.00

Franchise Name

Dairy Queen/Limited Brazier Operating Agreement

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FULTON

Project State

GA

Project Zip

30005-8600

CD

GA-06

Jobs Reported

62

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

264895.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

267406.67

Forgiveness Date

02/25/2022

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