PPP Loan information for Ricos enterprises inc

$49,695

Ricos enterprises inc was initially approved for PPP Loan of amount $49,695, the current approved amount is $49,695. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $49,695 was used to fund payroll.

Ricos enterprises inc is New Business or 2 years or less

RICOS ENTERPRISES INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RICOS ENTERPRISES INC

Borrower Address

323 WASHINGTON BLVD S STE A

Borrower City

LAUREL

Borrower State

MD

Borrower Zip

20707-4641

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

30

SBA Guaranty Percentage

100

Initial Approval Amount

49695.00

Current Approval Amount

49695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LAUREL

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-4641

CD

MD-04

Jobs Reported

4

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49695.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11821.78

Forgiveness Date

07/29/2021

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