PPP Loan information for The rail, llc

$367,500

The rail, llc was initially approved for PPP Loan of amount $367,500, the current approved amount is $367,500. The loan was approved on 07/27/2020 by The JPMorgan Chase Bank, National Association reported 40 jobs and $367,500 was used to fund payroll.

The rail, llc is New Business or 2 years or less

PPP Loan Search / AZ / PHOENIX / The rail, llc

THE RAIL, LLC

Date Approved

07/27/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

THE RAIL, LLC

Borrower Address

3626 E Indian School Road

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85018-5127

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

367500.00

Current Approval Amount

367500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85018-5127

CD

AZ-01

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264911.00

Mortgage Interest Proceed

0.00

Rent Proceed

102589.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

370361.19

Forgiveness Date

05/11/2021

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