PPP Loan information for 1911 rapids inc

$60,100

1911 rapids inc was initially approved for PPP Loan of amount $60,100, the current approved amount is $60,100. The loan was approved on 05/11/2020 by The GBank reported 20 jobs and $60,100 was used to fund payroll.

1911 rapids inc is Existing or more than 2 years old

PPP Loan Search / NC / ROANOKE RAPIDS / 1911 rapids inc

1911 RAPIDS INC

Date Approved

05/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

1911 RAPIDS INC

Borrower Address

1911 JULIAN R ALLSBROOK HWY

Borrower City

ROANOKE RAPIDS

Borrower State

NC

Borrower Zip

27870-5122

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60100.00

Current Approval Amount

60100.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

450833

Servicing Lender Name

GBank

Servicing Lender Address

9115 W Russell Rd, Ste 110

Servicing Lender City

LAS VEGAS

Servicing Lender State

NV

Servicing Lender Zip

89148-1235

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE RAPIDS

Project County Name

HALIFAX

Project State

NC

Project Zip

27870-5122

CD

NC-01

Jobs Reported

20

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15025.00

Payroll Proceed

45075.00

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

450833

Originating Lender

GBank

Originating Lender City

LAS VEGAS

Originating Lender State

NV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60672.62

Forgiveness Date

04/23/2021

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