PPP Loan information for Rare drive, inc.

$151,105

Rare drive, inc. was initially approved for PPP Loan of amount $151,105, the current approved amount is $151,105. The loan was approved on 04/13/2020 by The Cambridge Trust Company reported 11 jobs and $151,105 was used to fund payroll.

Rare drive, inc. is Existing or more than 2 years old

PPP Loan Search / NH / EAST KINGSTON / Rare drive, inc.

RARE DRIVE, INC.

Date Approved

04/13/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

RARE DRIVE, INC.

Borrower Address

10 NORTH ROAD

Borrower City

EAST KINGSTON

Borrower State

NH

Borrower Zip

03827-2016

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151105.42

Current Approval Amount

151105.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST KINGSTON

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03827-2016

CD

NH-01

Jobs Reported

11

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

128005.42

Mortgage Interest Proceed

7100.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152083.41

Forgiveness Date

12/11/2020

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