PPP Loan information for R i s electrical contractors inc

$971,064

R i s electrical contractors inc was initially approved for PPP Loan of amount $971,064, the current approved amount is $971,064. The loan was approved on 02/23/2021 by The U.S. Bank, National Association reported 53 jobs and $971,064 was used to fund payroll.

R i s electrical contractors inc is Existing or more than 2 years old

R I S ELECTRICAL CONTRACTORS INC

Date Approved

02/23/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

R I S ELECTRICAL CONTRACTORS INC

Borrower Address

7330 Sycamore Canyon Blvd Ste 1

Borrower City

Riverside

Borrower State

CA

Borrower Zip

92508-2317

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

971064.00

Current Approval Amount

971064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Riverside

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92508-2317

CD

CA-39

Jobs Reported

53

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

971063.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

983488.30

Forgiveness Date

06/09/2022

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