PPP Loan information for Rocket city restoration inc

$45,000

Rocket city restoration inc was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 03/25/2021 by The First Horizon Bank reported 9 jobs and $45,000 was used to fund payroll.

Rocket city restoration inc is Existing or more than 2 years old

ROCKET CITY RESTORATION INC

Date Approved

03/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ROCKET CITY RESTORATION INC

Borrower Address

156 Jetplex Ln

Borrower City

Madison

Borrower State

AL

Borrower Zip

35758-8903

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

AL

Project Zip

35758-8903

CD

AL-05

Jobs Reported

9

NAICS Code

561740

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

44997.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45265.00

Forgiveness Date

11/05/2021

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