PPP Loan information for The rc group

$8,717,500

The rc group was initially approved for PPP Loan of amount $8,717,500, the current approved amount is $8,717,500. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 500 jobs and $8,717,500 was used to fund payroll.

The rc group is Existing or more than 2 years old

THE RC GROUP

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE RC GROUP

Borrower Address

2530 Riva Rd, Suite 400

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21401-7404

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8717500.00

Current Approval Amount

8717500.00

Undisbursed Amount

0.00

Franchise Name

Taco Bell

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-7404

CD

MD-03

Jobs Reported

500

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8717500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8816139.11

Forgiveness Date

06/11/2021

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