PPP Loan information for Rust enterprises inc.

$2,072,332

Rust enterprises inc. was initially approved for PPP Loan of amount $2,072,332, the current approved amount is $2,072,332. The loan was approved on 04/09/2020 by The Truist Bank reported 500 jobs and $2,072,332 was used to fund payroll.

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

PPP Loan Search / NC / LUMBERTON / Rust enterprises inc.

RUST ENTERPRISES INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RUST ENTERPRISES INC.

Borrower Address

4260 FAYETTEVILLE RD Ste A

Borrower City

LUMBERTON

Borrower State

NC

Borrower Zip

28358-2605

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2072332.00

Current Approval Amount

2072332.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUMBERTON

Project County Name

ROBESON

Project State

NC

Project Zip

28358-2605

CD

NC-07

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2072332.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2096509.21

Forgiveness Date

06/11/2021

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