PPP Loan information for R & d electronics inc

$621,683

R & d electronics inc was initially approved for PPP Loan of amount $621,683, the current approved amount is $621,683. The loan was approved on 05/01/2020 by The Synovus Bank reported 77 jobs and $621,683 was used to fund payroll.

R & d electronics inc is Existing or more than 2 years old

R & D ELECTRONICS INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

R & D ELECTRONICS INC

Borrower Address

5501 Hwy 431 S

Borrower City

Brownsboro

Borrower State

AL

Borrower Zip

35741-9772

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621683.47

Current Approval Amount

621683.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brownsboro

Project County Name

MADISON

Project State

AL

Project Zip

35741-9772

CD

AL-05

Jobs Reported

77

NAICS Code

331222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

621683.47

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

Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

625158.08

Forgiveness Date

11/25/2020

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