PPP Loan information for Railroad construction company inc.

$6,672,435

Railroad construction company inc. was initially approved for PPP Loan of amount $6,672,435, the current approved amount is $6,672,435. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 295 jobs and $6,672,435 was used to fund payroll.

Railroad construction company inc. is Existing or more than 2 years old

RAILROAD CONSTRUCTION COMPANY INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAILROAD CONSTRUCTION COMPANY INC.

Borrower Address

75-77 Grove Street

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07503

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6672435.00

Current Approval Amount

6672435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07503-1000

CD

NJ-09

Jobs Reported

295

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

5796283.00

Mortgage Interest Proceed

18820.00

Rent Proceed

95332.00

Refinance EIDL Proceed

0.00

Health Care Proceed

710000.00

Debt Interest Proceed

17000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6759085.25

Forgiveness Date

08/05/2021

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