PPP Loan information for The rent to own concept, inc.

$87,500

The rent to own concept, inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 05/01/2020 by The Ameris Bank reported 10 jobs and $87,500 was used to fund payroll.

The rent to own concept, inc. is Unanswered

THE RENT TO OWN CONCEPT, INC.

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE RENT TO OWN CONCEPT, INC.

Borrower Address

7426 Douglas Blvd.

Borrower City

DOUGLASVILLE

Borrower State

GA

Borrower Zip

30135

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

DOUGLASVILLE

Project County Name

DOUGLAS

Project State

GA

Project Zip

30135-1000

CD

GA-13

Jobs Reported

10

NAICS Code

442299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17500.00

Payroll Proceed

70000.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88113.70

Forgiveness Date

01/20/2021

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