PPP Loan information for Rmag inc

$273,200

Rmag inc was initially approved for PPP Loan of amount $273,200, the current approved amount is $273,200. The loan was approved on 04/13/2020 by The The Bancorp Bank National Association reported 27 jobs and $273,200 was used to fund payroll.

Rmag inc is Existing or more than 2 years old

PPP Loan Search / NJ / Somerset / Rmag inc

RMAG INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RMAG INC

Borrower Address

PO Box 13

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08875-0013

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

273200.00

Current Approval Amount

273200.00

Undisbursed Amount

0.00

Franchise Name

Lawn Doctor

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08875-0013

CD

NJ-12

Jobs Reported

27

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

273200.00

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

Subchapter S Corporation

Originating Lender Location Id

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274846.79

Forgiveness Date

11/30/2020

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