PPP Loan information for Rhodes race cars inc

$69,500

Rhodes race cars inc was initially approved for PPP Loan of amount $69,500, the current approved amount is $69,500. The loan was approved on 03/09/2021 by The Peoples Bank reported 7 jobs and $69,500 was used to fund payroll.

Rhodes race cars inc is Existing or more than 2 years old

PPP Loan Search / IN / Merrillville / Rhodes race cars inc

RHODES RACE CARS INC

Date Approved

03/09/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RHODES RACE CARS INC

Borrower Address

4000 W 82nd Ave

Borrower City

Merrillville

Borrower State

IN

Borrower Zip

46410-6056

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

69500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Merrillville

Project County Name

LAKE

Project State

IN

Project Zip

46410-6056

CD

IN-01

Jobs Reported

7

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69499.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69894.15

Forgiveness Date

10/26/2021

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