PPP Loan information for Rs automotive, inc

$98,600

Rs automotive, inc was initially approved for PPP Loan of amount $98,600, the current approved amount is $98,600. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 4 jobs and $98,600 was used to fund payroll.

Rs automotive, inc is Existing or more than 2 years old

RS AUTOMOTIVE, INC

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RS AUTOMOTIVE, INC

Borrower Address

7224 Carroll Avenue

Borrower City

Takoma Park

Borrower State

MD

Borrower Zip

20912

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98600.00

Current Approval Amount

98600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Takoma Park

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20912-0800

CD

MD-08

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9783.00

Payroll Proceed

49343.00

Mortgage Interest Proceed

0.00

Rent Proceed

14803.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14803.00

Debt Interest Proceed

9868

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99494.15

Forgiveness Date

04/02/2021

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