PPP Loan information for Rust college inc.

$1,377,520

Rust college inc. was initially approved for PPP Loan of amount $1,377,520, the current approved amount is $1,377,520. The loan was approved on 03/30/2021 by The Bank of Holly Springs reported 160 jobs and $1,377,520 was used to fund payroll.

Rust college inc. is Existing or more than 2 years old

RUST COLLEGE INC.

Date Approved

03/30/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

RUST COLLEGE INC.

Borrower Address

150 Rust Ave

Borrower City

Holly Springs

Borrower State

MS

Borrower Zip

38635-2330

Loan Status Date

11/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1377520.00

Current Approval Amount

1377520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39223

Servicing Lender Name

Bank of Holly Springs

Servicing Lender Address

970 Hwy 7 S

Servicing Lender City

HOLLY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

38635-9174

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holly Springs

Project County Name

MARSHALL

Project State

MS

Project Zip

38635-2330

CD

MS-01

Jobs Reported

160

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1377520.00

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

Non-Profit Organization

Originating Lender Location Id

39223

Originating Lender

Bank of Holly Springs

Originating Lender City

HOLLY SPRINGS

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1385479.00

Forgiveness Date

10/26/2021

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