PPP Loan information for Raldex vi inc

$585,459

Raldex vi inc was initially approved for PPP Loan of amount $585,459, the current approved amount is $585,459. The loan was approved on 01/21/2021 by The Loan Source Incorporated reported 96 jobs and $585,459 was used to fund payroll.

Raldex vi inc is Existing or more than 2 years old

RALDEX VI INC

Date Approved

01/21/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

RALDEX VI INC

Borrower Address

2671 Hospitality Blvd

Borrower City

Florence

Borrower State

SC

Borrower Zip

29501-7809

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

585459.00

Current Approval Amount

585459.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

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

29501-7809

CD

SC-07

Jobs Reported

96

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

585457.00

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

124102

Originating Lender

First Reliance Bank

Originating Lender City

FLORENCE

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

161301.61

Forgiveness Date

06/03/2022

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