PPP Loan information for Rhoads industries, inc.

$4,412,300

Rhoads industries, inc. was initially approved for PPP Loan of amount $4,412,300, the current approved amount is $4,412,300. The loan was approved on 04/09/2020 by The Wilmington Savings Fund Society, FSB reported 185 jobs and $4,412,300 was used to fund payroll.

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

RHOADS INDUSTRIES, INC.

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

RHOADS INDUSTRIES, INC.

Borrower Address

1900 KITTY HAWK AVE

Borrower City

PHILADELPHIA

Borrower State

PA

Borrower Zip

19112-1806

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4412300.00

Current Approval Amount

4412300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

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

185

NAICS Code

332311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4412300.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4462225.48

Forgiveness Date

06/11/2021

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