PPP Loan information for Rare drive inc.

$174,874

Rare drive inc. was initially approved for PPP Loan of amount $174,874, the current approved amount is $174,874. The loan was approved on 01/28/2021 by The Cambridge Trust Company reported 11 jobs and $174,874 was used to fund payroll.

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

RARE DRIVE INC.

Date Approved

01/28/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

RARE DRIVE INC.

Borrower Address

10 North Rd

Borrower City

East Kingston

Borrower State

NH

Borrower Zip

03827-2016

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174873.52

Current Approval Amount

174873.52

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

1.00

Payroll Proceed

174871.52

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176019.91

Forgiveness Date

09/28/2021

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