R & H Motor Lines INC

$314,396 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
3965427209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$314,396
Current Approval
$314,396
Forgiveness Amount
$319,182
Forgiveness Date
Nov 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R & H Motor Lines INC
Address
3344 R H Dr
ZIP Code
27205-1728
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532120)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$298,056
Rent
$10,264
Utilities
$6,076

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

Other PPP Loans in Asheboro, NC

BusinessApproved
Pugh Lubricants LLC$4,101,600NewBizBotResearch
Carolina Precision Plastics LLC$2,811,375NewBizBotResearch
J. P. Thomas & Co., Incorporated$1,956,834NewBizBotResearch
Mas US Holdings INC$1,950,000NewBizBotResearch
Wolfe Financial, Inc.$1,598,300NewBizBotResearch

Want to research this company further?

Try NewBizBot free