PPP Loan information for Durham ritz inc.

$119,764

Durham ritz inc. was initially approved for PPP Loan of amount $119,764, the current approved amount is $119,764. The loan was approved on 01/29/2021 by The United Bank reported 21 jobs and $119,764 was used to fund payroll.

Durham ritz inc. is Existing or more than 2 years old

DURHAM RITZ INC.

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DURHAM RITZ INC.

Borrower Address

3639 Durham Chapel Hill Blvd

Borrower City

Durham

Borrower State

NC

Borrower Zip

27707-2662

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119764.00

Current Approval Amount

119764.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27707-2662

CD

NC-04

Jobs Reported

21

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119763.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120399.41

Forgiveness Date

08/16/2021

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