PPP Loan information for R & m electric, inc.

$1,024,700

R & m electric, inc. was initially approved for PPP Loan of amount $1,024,700, the current approved amount is $1,024,700. The loan was approved on 04/10/2020 by The Forum CU reported 49 jobs and $1,024,700 was used to fund payroll.

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

PPP Loan Search / IN / DANVILLE / R & m electric, inc.

R & M ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

R & M ELECTRIC, INC.

Borrower Address

3173 East Main Street Ste 200

Borrower City

DANVILLE

Borrower State

IN

Borrower Zip

46122-9404

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1024700.00

Current Approval Amount

1024700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96521

Servicing Lender Name

Forum CU

Servicing Lender Address

11313 USA Pkwy

Servicing Lender City

FISHERS

Servicing Lender State

IN

Servicing Lender Zip

46037-9208

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

HENDRICKS

Project State

IN

Project Zip

46122-9404

CD

IN-04

Jobs Reported

49

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1024700.00

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

96521

Originating Lender

Forum CU

Originating Lender City

FISHERS

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1034520.04

Forgiveness Date

03/25/2021

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