PPP Loan information for Rugs as art inc.

$296,250

Rugs as art inc. was initially approved for PPP Loan of amount $302,629, the current approved amount is $296,250. The loan was approved on 01/25/2021 by The Loan Source Incorporated reported 28 jobs and $296,250 was used to fund payroll.

Rugs as art inc. is Existing or more than 2 years old

RUGS AS ART INC.

Date Approved

01/25/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

RUGS AS ART INC.

Borrower Address

6650 S Tamiami Trl

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34231-4842

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302629.00

Current Approval Amount

296250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sarasota

Project County Name

SARASOTA

Project State

FL

Project Zip

34231-4842

CD

FL-17

Jobs Reported

28

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

296250.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

300040.38

Forgiveness Date

06/02/2022

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