PPP Loan information for Rms properties inc

$344,072

Rms properties inc was initially approved for PPP Loan of amount $344,072, the current approved amount is $344,072. The loan was approved on 02/17/2021 by The Valley National Bank reported 77 jobs and $344,072 was used to fund payroll.

Rms properties inc is Existing or more than 2 years old

RMS PROPERTIES INC

Date Approved

02/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RMS PROPERTIES INC

Borrower Address

1111 N Plaza Dr Ste 200

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-4996

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344072.00

Current Approval Amount

344072.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-4996

CD

IL-08

Jobs Reported

77

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

344068.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347407.59

Forgiveness Date

02/03/2022

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