PPP Loan information for The rc group
$8,717,500
The rc group was initially approved for PPP Loan of amount $8,717,500, the current approved amount is $8,717,500. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 500 jobs and $8,717,500 was used to fund payroll.
The rc group is Existing or more than 2 years old
THE RC GROUP
Date Approved
04/08/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
THE RC GROUP
Borrower Address
2530 Riva Rd, Suite 400
Borrower City
ANNAPOLIS
Borrower State
MD
Borrower Zip
21401-7404
Loan Status Date
08/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
8717500.00
Current Approval Amount
8717500.00
Undisbursed Amount
0.00
Franchise Name
Taco Bell
Servicing Lender Location Id
57328
Servicing Lender Name
The Huntington National Bank
Servicing Lender Address
17 S High St.
Servicing Lender City
COLUMBUS
Servicing Lender State
OH
Servicing Lender Zip
43215-3413
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
ANNAPOLIS
Project County Name
ANNE ARUNDEL
Project State
MD
Project Zip
21401-7404
CD
MD-03
Jobs Reported
500
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
8717500.00
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
Limited Liability Company(LLC)
Originating Lender Location Id
57328
Originating Lender
The Huntington National Bank
Originating Lender City
COLUMBUS
Originating Lender State
OH
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
8816139.11
Forgiveness Date
06/11/2021