PPP Loan information for Rmrs manufacturing and distriuting

$172,500

Rmrs manufacturing and distriuting was initially approved for PPP Loan of amount $172,500, the current approved amount is $172,500. The loan was approved on 04/08/2020 by The Bank of the James reported 38 jobs and $172,500 was used to fund payroll.

Rmrs manufacturing and distriuting is Existing or more than 2 years old

RMRS MANUFACTURING AND DISTRIUTING

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RMRS MANUFACTURING AND DISTRIUTING

Borrower Address

2408 Wards Rd

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-2104

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172500.00

Current Approval Amount

172500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-2104

CD

VA-05

Jobs Reported

38

NAICS Code

453910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172500.00

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

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173717.08

Forgiveness Date

12/28/2020

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