PPP Loan information for R & h electric, inc.

$244,920

R & h electric, inc. was initially approved for PPP Loan of amount $244,920, the current approved amount is $244,920. The loan was approved on 04/15/2020 by The Synovus Bank reported 27 jobs and $244,920 was used to fund payroll.

R & h electric, inc. is Existing or more than 2 years old

R & H ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

R & H ELECTRIC, INC.

Borrower Address

701 N McDonough St

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36104

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244920.00

Current Approval Amount

244920.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36104-0001

CD

AL-07

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244920.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247530.24

Forgiveness Date

05/13/2021

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