PPP Loan information for Ralco industries, inc.

$1,341,000

Ralco industries, inc. was initially approved for PPP Loan of amount $1,341,000, the current approved amount is $1,341,000. The loan was approved on 04/30/2020 by The First National Bank of Pennsylvania reported 100 jobs and $1,341,000 was used to fund payroll.

Ralco industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / AUBURN HILLS / Ralco industries, inc.

RALCO INDUSTRIES, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RALCO INDUSTRIES, INC.

Borrower Address

1025 DORIS RD

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-2614

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1341000.00

Current Approval Amount

1341000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-2614

CD

MI-11

Jobs Reported

100

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1341000.00

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1354782.50

Forgiveness Date

05/20/2021

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