PPP Loan information for Rising ground

$10,000,000

Rising ground was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/21/2021 by The TD Bank, National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Rising ground is Existing or more than 2 years old

RISING GROUND

Date Approved

04/21/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

RISING GROUND

Borrower Address

151 Lawrence St Fl 5

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11201-4289

Loan Status Date

11/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11201-4289

CD

NY-10

Jobs Reported

500

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

9999995.00

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

501(c)3 – Non Profit

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

10146666.67

Forgiveness Date

10/11/2022

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