Date Approved
03/23/2021
SBA Office Code
0610
Processing Method
PPS
Borrower Name
RELIANCE IT INC.
Borrower Address
1013 Long Prairie Rd Ste 101
Borrower City
Flower Mound
Borrower State
TX
Borrower Zip
75022-4223
Loan Status Date
08/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
195787.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
455644
Servicing Lender Name
Live Oak Banking Company
Servicing Lender Address
1741 Tiburon Dr
Servicing Lender City
WILMINGTON
Servicing Lender State
NC
Servicing Lender Zip
28403-6244
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DENTON
Project State
Project Zip
CD
TX-26
Jobs Reported
10
NAICS Code
541519
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
195785.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
198254.45
Forgiveness Date
07/06/2022