PPP Loan information for 5 ronds, inc.

$623,440

5 ronds, inc. was initially approved for PPP Loan of amount $623,440, the current approved amount is $623,440. The loan was approved on 03/31/2021 by The WestStar Bank reported 75 jobs and $623,440 was used to fund payroll.

5 ronds, inc. is Existing or more than 2 years old

5 RONDS, INC.

Date Approved

03/31/2021

SBA Office Code

0677

Processing Method

PPS

Borrower Name

5 RONDS, INC.

Borrower Address

6232 Los Altos Dr

Borrower City

El Paso

Borrower State

TX

Borrower Zip

79912-2510

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

623439.62

Current Approval Amount

623439.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113154

Servicing Lender Name

WestStar Bank

Servicing Lender Address

500 N Mesa St

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79901-1224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

El Paso

Project County Name

EL PASO

Project State

TX

Project Zip

79912-2510

CD

TX-16

Jobs Reported

75

NAICS Code

561311

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

623439.62

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

113154

Originating Lender

WestStar Bank

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

629448.89

Forgiveness Date

03/22/2022

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