PPP Loan information for Rms management inc

$1,047,100

Rms management inc was initially approved for PPP Loan of amount $1,047,100, the current approved amount is $1,047,100. The loan was approved on 04/05/2020 by The American Community Bank & Trust reported 200 jobs and $1,047,100 was used to fund payroll.

Rms management inc is Existing or more than 2 years old

RMS MANAGEMENT INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RMS MANAGEMENT INC

Borrower Address

1635 LOUIS AVENUE

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-2315

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1047100.00

Current Approval Amount

1047100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-2315

CD

IL-03

Jobs Reported

200

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1047100.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1053033.57

Forgiveness Date

11/05/2020

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