PPP Loan information for Terrence rabsatt

$20,832

Terrence rabsatt was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 01/30/2021 by The Merchants Commercial Bank reported 1 jobs and $20,832 was used to fund payroll.

Terrence rabsatt is Existing or more than 2 years old

TERRENCE RABSATT

Date Approved

01/30/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

TERRENCE RABSATT

Borrower Address

16E Estate Nadir

Borrower City

St. Thomas

Borrower State

VI

Borrower Zip

00802

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444422

Servicing Lender Name

Merchants Commercial Bank

Servicing Lender Address

4608 Tutu Park Mall, Ste 100

Servicing Lender City

Charlotte Amalie

Servicing Lender State

VI

Servicing Lender Zip

00802-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Thomas

Project County Name

SAINT THOMAS

Project State

VI

Project Zip

00802

CD

VI-

Jobs Reported

1

NAICS Code

561621

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

Sole Proprietorship

Originating Lender Location Id

444422

Originating Lender

Merchants Commercial Bank

Originating Lender City

Charlotte Amalie

Originating Lender State

VI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20941.95

Forgiveness Date

08/16/2021

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