PPP Loan information for Rail-tek inc

$43,861

Rail-tek inc was initially approved for PPP Loan of amount $43,861, the current approved amount is $43,861. The loan was approved on 03/20/2021 by The Ameris Bank reported 4 jobs and $43,861 was used to fund payroll.

Rail-tek inc is Existing or more than 2 years old

RAIL-TEK INC

Date Approved

03/20/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

RAIL-TEK INC

Borrower Address

2278 Industrial Blvd

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34234-3120

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43861.00

Current Approval Amount

43861.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sarasota

Project County Name

SARASOTA

Project State

FL

Project Zip

34234-3120

CD

FL-17

Jobs Reported

4

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43859.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44071.29

Forgiveness Date

09/15/2021

;