PPP Loan information for R & m heating & air conditioning, inc

$70,317

R & m heating & air conditioning, inc was initially approved for PPP Loan of amount $70,317, the current approved amount is $70,317. The loan was approved on 04/13/2020 by The The Farmers Bank of Willards reported 8 jobs and $70,317 was used to fund payroll.

R & m heating & air conditioning, inc is Existing or more than 2 years old

PPP Loan Search / MD / PARSONSBURG / R & m heating & air conditioning, inc

R & M HEATING & AIR CONDITIONING, INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

R & M HEATING & AIR CONDITIONING, INC

Borrower Address

31767 Fred Adkins Road

Borrower City

PARSONSBURG

Borrower State

MD

Borrower Zip

21849-2017

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70317.00

Current Approval Amount

70317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARSONSBURG

Project County Name

WICOMICO

Project State

MD

Project Zip

21849-2017

CD

MD-01

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8789.62

Payroll Proceed

52737.75

Mortgage Interest Proceed

8789.63

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

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70793.59

Forgiveness Date

12/23/2020

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