PPP Loan information for R & d automotive

$48,000

R & d automotive was initially approved for PPP Loan of amount $48,000, the current approved amount is $48,000. The loan was approved on 04/27/2020 by The Pioneer Bank reported 7 jobs and $48,000 was used to fund payroll.

R & d automotive is Existing or more than 2 years old

R & D AUTOMOTIVE

Date Approved

04/27/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

R & D AUTOMOTIVE

Borrower Address

16 Tivoli St

Borrower City

Albany

Borrower State

NY

Borrower Zip

12207-1303

Loan Status Date

10/29/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48000.00

Current Approval Amount

48000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50271

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

652 Albany Shaker Rd

Servicing Lender City

ALBANY

Servicing Lender State

NY

Servicing Lender Zip

12211

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12207-1303

CD

NY-20

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48000.00

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

Subchapter S Corporation

Originating Lender Location Id

50271

Originating Lender

Pioneer Bank

Originating Lender City

ALBANY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48206.47

Forgiveness Date

10/09/2020

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