PPP Loan information for Raldex, inc

$299,570

Raldex, inc was initially approved for PPP Loan of amount $299,570, the current approved amount is $299,570. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 21 jobs and $299,570 was used to fund payroll.

Raldex, inc is Existing or more than 2 years old

RALDEX, INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RALDEX, INC

Borrower Address

780 Woody Jones Blvd

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

299570.00

Current Approval Amount

299570.00

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

Existing or more than 2 years old

Project City

Florence

Project County Name

FLORENCE

Project State

SC

Project Zip

29501-0200

CD

SC-07

Jobs Reported

21

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14978.55

Payroll Proceed

224678.25

Mortgage Interest Proceed

29957.10

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29956.10

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

302869.37

Forgiveness Date

06/01/2021

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