PPP Loan information for Root3 labs inc

$103,485

Root3 labs inc was initially approved for PPP Loan of amount $103,485, the current approved amount is $103,485. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 7 jobs and $103,485 was used to fund payroll.

Root3 labs inc is Existing or more than 2 years old

ROOT3 LABS INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ROOT3 LABS INC

Borrower Address

11408 Cronridge Drive Suite C

Borrower City

Owings Mills

Borrower State

MD

Borrower Zip

21117

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103485.00

Current Approval Amount

103485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owings Mills

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-0001

CD

MD-02

Jobs Reported

7

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

480.00

Payroll Proceed

87423.00

Mortgage Interest Proceed

0.00

Rent Proceed

15582.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104037.87

Forgiveness Date

11/03/2020

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