PPP Loan information for Rhoads industries inc.

$2,000,000

Rhoads industries inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 190 jobs and $2,000,000 was used to fund payroll.

Rhoads industries inc. is Existing or more than 2 years old

PPP Loan Search / PA / Philadelphia / Rhoads industries inc.

RHOADS INDUSTRIES INC.

Date Approved

01/30/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

RHOADS INDUSTRIES INC.

Borrower Address

1900 Kitty Hawk Ave

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19112-1806

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19112-1806

CD

PA-05

Jobs Reported

190

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2028547.95

Forgiveness Date

07/19/2022

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