PPP Loan information for Rhino bites inc

$351,773

Rhino bites inc was initially approved for PPP Loan of amount $351,773, the current approved amount is $351,773. The loan was approved on 01/20/2021 by The Cornerstone Bank reported 45 jobs and $351,773 was used to fund payroll.

Rhino bites inc is Existing or more than 2 years old

RHINO BITES INC

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RHINO BITES INC

Borrower Address

278 Shrewsbury St

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01604-4624

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

351773.38

Current Approval Amount

351773.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-4624

CD

MA-02

Jobs Reported

45

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

351768.38

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

356278.03

Forgiveness Date

05/04/2022

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