PPP Loan information for Raio contracting & materials llc

$183,287

Raio contracting & materials llc was initially approved for PPP Loan of amount $154,600, the current approved amount is $183,287. The loan was approved on 05/04/2020 by The Truist Bank reported 22 jobs and $183,287 was used to fund payroll.

Raio contracting & materials llc is Existing or more than 2 years old

RAIO CONTRACTING & MATERIALS LLC

Date Approved

05/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAIO CONTRACTING & MATERIALS LLC

Borrower Address

2029 Norris Ave

Borrower City

ATCO

Borrower State

NJ

Borrower Zip

08004-2014

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154600.00

Current Approval Amount

183287.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATCO

Project County Name

CAMDEN

Project State

NJ

Project Zip

08004-2143

CD

NJ-01

Jobs Reported

22

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183287.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185359.16

Forgiveness Date

06/24/2021

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