PPP Loan information for Rental city inc

$89,838

Rental city inc was initially approved for PPP Loan of amount $89,838, the current approved amount is $89,838. The loan was approved on 01/26/2021 by The Avidia Bank reported 6 jobs and $89,838 was used to fund payroll.

Rental city inc is Existing or more than 2 years old

RENTAL CITY INC

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RENTAL CITY INC

Borrower Address

26 Washington St

Borrower City

Wellesley Hills

Borrower State

MA

Borrower Zip

02481-1705

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89837.50

Current Approval Amount

89837.50

Undisbursed Amount

0.00

Franchise Name

True Value Company LLC - Member Agreement

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley Hills

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-1705

CD

MA-05

Jobs Reported

6

NAICS Code

532310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89837.50

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90356.56

Forgiveness Date

09/01/2021

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