PPP Loan information for Raldex ii inc

$195,122

Raldex ii inc was initially approved for PPP Loan of amount $195,122, the current approved amount is $195,122. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 47 jobs and $195,122 was used to fund payroll.

Raldex ii inc is New Business or 2 years or less

RALDEX II INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RALDEX II INC

Borrower Address

150 Westpark Dr

Borrower City

Florence

Borrower State

SC

Borrower Zip

29501

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195122.00

Current Approval Amount

195122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Florence

Project County Name

FLORENCE

Project State

SC

Project Zip

29501-0200

CD

SC-07

Jobs Reported

47

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9755.15

Payroll Proceed

146342.25

Mortgage Interest Proceed

19512.30

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19512.30

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124102

Originating Lender

First Reliance Bank

Originating Lender City

FLORENCE

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

197228.25

Forgiveness Date

05/21/2021

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