Rize INC

$580,700 PPP Loan in Concord, Massachusetts

Loan Details

Loan Number: 8511407103
Date Approved: Apr 15, 2020
Loan Status: Paid in Full
Initial Approval: $580,700
Current Approval: $449,700
Forgiveness Amount: $452,780
Forgiveness Date: Jan 6, 2021
Term: 24 months
Draw: First Draw

Business Information

Business Name: Rize INC
Address: 575 Virginia Rd Suite 320b
City: Concord
State: Massachusetts
ZIP Code: 01742
Business Type: Corporation
Industry (NAICS): Manufacturing (333249)
Business Age: Existing or more than 2 years old
Jobs Reported: 23
Estimated Revenue: $6.0M
Rural/Urban: Urban
Congressional District: MA-03

Loan Use Breakdown

Payroll: $449,700

Lender Information

Servicing Lender: First-Citizens Bank & Trust Company
Originating Lender: Svb, a Division of First-Citizens Bank and Trust Company

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