PPP Loan information for N rao boorgu, md, pc

$246,538

N rao boorgu, md, pc was initially approved for PPP Loan of amount $246,538, the current approved amount is $246,538. The loan was approved on 04/28/2020 by The First Metro Bank reported 17 jobs and $246,538 was used to fund payroll.

N rao boorgu, md, pc is New Business or 2 years or less

PPP Loan Search / AL / FLORENCE / N rao boorgu, md, pc

N RAO BOORGU, MD, PC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

N RAO BOORGU, MD, PC

Borrower Address

422 DR HICKS BLVD

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-5707

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246537.65

Current Approval Amount

246537.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-5707

CD

AL-05

Jobs Reported

17

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24653.77

Payroll Proceed

184903.24

Mortgage Interest Proceed

24653.77

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12326.87

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

248509.95

Forgiveness Date

02/17/2021

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