PPP Loan information for R & r powertek inc

$138,287

R & r powertek inc was initially approved for PPP Loan of amount $138,287, the current approved amount is $138,287. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 92 jobs and $138,287 was used to fund payroll.

R & r powertek inc is New Business or 2 years or less

PPP Loan Search / PA / LANGHORNE / R & r powertek inc

R & R POWERTEK INC

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

R & R POWERTEK INC

Borrower Address

607 CORPORATE DR W

Borrower City

LANGHORNE

Borrower State

PA

Borrower Zip

19047-8013

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138287.00

Current Approval Amount

138287.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LANGHORNE

Project County Name

BUCKS

Project State

PA

Project Zip

19047-8013

CD

PA-01

Jobs Reported

92

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138287.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125094.64

Forgiveness Date

07/15/2021

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