PPP Loan information for Best rate exchange

$101,355

Best rate exchange was initially approved for PPP Loan of amount $101,400, the current approved amount is $101,355. The loan was approved on 05/11/2020 by The LendingClub Bank, National Association reported 7 jobs and $101,355 was used to fund payroll.

Best rate exchange is Existing or more than 2 years old

PPP Loan Search / TX / Laredo / Best rate exchange

BEST RATE EXCHANGE

Date Approved

05/11/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

BEST RATE EXCHANGE

Borrower Address

1302 Santa Ursula Ave

Borrower City

Laredo

Borrower State

TX

Borrower Zip

78040

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101400.00

Current Approval Amount

101355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laredo

Project County Name

WEBB

Project State

TX

Project Zip

78040-0001

CD

TX-28

Jobs Reported

7

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101355.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102154.58

Forgiveness Date

03/09/2021

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