PPP Loan information for Rnc industries, inc.

$713,934

Rnc industries, inc. was initially approved for PPP Loan of amount $71,935, the current approved amount is $713,934. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 45 jobs and $713,934 was used to fund payroll.

Rnc industries, inc. is New Business or 2 years or less

RNC INDUSTRIES, INC.

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RNC INDUSTRIES, INC.

Borrower Address

2510 MILL CENTER PKWY STE 200

Borrower City

BUFORD

Borrower State

GA

Borrower Zip

30518-3685

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71935.00

Current Approval Amount

713934.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BUFORD

Project County Name

GWINNETT

Project State

GA

Project Zip

30518-3685

CD

GA-09

Jobs Reported

45

NAICS Code

326150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

713934.40

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

627849.49

Forgiveness Date

08/05/2021

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