PPP Loan information for R concepts industries, inc.

$1,231,000

R concepts industries, inc. was initially approved for PPP Loan of amount $1,231,000, the current approved amount is $1,231,000. The loan was approved on 04/08/2020 by The Lake City Bank reported 138 jobs and $1,231,000 was used to fund payroll.

R concepts industries, inc. is Existing or more than 2 years old

R CONCEPTS INDUSTRIES, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

R CONCEPTS INDUSTRIES, INC.

Borrower Address

555 CR 15

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46516-9784

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1231000.00

Current Approval Amount

1231000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46516-9784

CD

IN-02

Jobs Reported

138

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

68000.00

Payroll Proceed

1137000.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1238591.17

Forgiveness Date

11/27/2020

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