1ST RATE HOME MORTGAGE, INC. (AZ) - 2020 PPP Loan Borrower Profile (# 1554577106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST RATE HOME MORTGAGE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arizona.

Loan Detail

Loan Number

1554577106

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$467,200

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$472,793.6

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

467,200

Lender

Flagstar Bank National Association

Business Detail

Business Type

Corporation

NAICS

522310

Borrower Location

TEMPE, AZ

Project Location

TEMPE, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.