Rise Residential LLC

$1,737,977 PPP Loan in Valdosta, Georgia

Loan Details

Loan Number
6802817000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,737,977
Current Approval
$1,737,977
Forgiveness Amount
$1,754,729
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rise Residential LLC
Address
129 North Patterson St
State
Georgia
ZIP Code
31601-5538
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531311)
Business Age
Existing or more than 2 years old
Jobs Reported
144
Estimated Revenue
$21.6M
Rural/Urban
Urban
Congressional District
GA-08

Loan Use Breakdown

Payroll
$1,623,372
Rent
$44,000
Utilities
$4,250
Health Care
$66,355

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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