PPP Loan information for Rab lighting inc

$6,993,400

Rab lighting inc was initially approved for PPP Loan of amount $6,993,400, the current approved amount is $6,993,400. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 390 jobs and $6,993,400 was used to fund payroll.

Rab lighting inc is Existing or more than 2 years old

RAB LIGHTING INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAB LIGHTING INC

Borrower Address

170 LUDLOW AVE

Borrower City

NORTHVALE

Borrower State

NJ

Borrower Zip

07647-2305

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6993400.00

Current Approval Amount

6993400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHVALE

Project County Name

BERGEN

Project State

NJ

Project Zip

07647-2305

CD

NJ-05

Jobs Reported

390

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6993400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7073629.84

Forgiveness Date

06/09/2021

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