PPP Loan information for The root group, inc

$225,000

The root group, inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 04/30/2020 by The UMB Bank, National Association reported 11 jobs and $225,000 was used to fund payroll.

The root group, inc is Existing or more than 2 years old

THE ROOT GROUP, INC

Date Approved

04/30/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

THE ROOT GROUP, INC

Borrower Address

1790 30th #140

Borrower City

BOULDER

Borrower State

CO

Borrower Zip

80301

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40891

Servicing Lender Name

UMB Bank, National Association

Servicing Lender Address

1010 Grand Blvd

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOULDER

Project County Name

BOULDER

Project State

CO

Project Zip

80301-0001

CD

CO-02

Jobs Reported

11

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225000.00

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

40891

Originating Lender

UMB Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226268.75

Forgiveness Date

11/25/2020

;