PPP Loan information for Rho, inc.

$8,006,000

Rho, inc. was initially approved for PPP Loan of amount $8,006,000, the current approved amount is $8,006,000. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 474 jobs and $8,006,000 was used to fund payroll.

Rho, inc. is Existing or more than 2 years old

RHO, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RHO, INC.

Borrower Address

2635 NC HIGHWAY 54

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27713-2230

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8006000.00

Current Approval Amount

8006000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27713-2230

CD

NC-04

Jobs Reported

474

NAICS Code

541714

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8006000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8105852.61

Forgiveness Date

07/21/2021

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