PPP Loan information for Rainline products llc

$41,900

Rainline products llc was initially approved for PPP Loan of amount $60,087, the current approved amount is $41,900. The loan was approved on 05/14/2020 by The Truist Bank reported 7 jobs and $41,900 was used to fund payroll.

Rainline products llc is Existing or more than 2 years old

RAINLINE PRODUCTS LLC

Date Approved

05/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAINLINE PRODUCTS LLC

Borrower Address

818 Trollingwood Hawfields Rd

Borrower City

MEBANE

Borrower State

NC

Borrower Zip

27302-8170

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60086.62

Current Approval Amount

41900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEBANE

Project County Name

ALAMANCE

Project State

NC

Project Zip

27302-8170

CD

NC-04

Jobs Reported

7

NAICS Code

531110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42142.09

Forgiveness Date

01/20/2021

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