PPP Loan information for Rcd timber products inc

$596,843

Rcd timber products inc was initially approved for PPP Loan of amount $596,843, the current approved amount is $596,843. The loan was approved on 04/10/2020 by The NexTier Bank, National Association reported 40 jobs and $596,843 was used to fund payroll.

Rcd timber products inc is Existing or more than 2 years old

PPP Loan Search / DE / NEW CASTLE / Rcd timber products inc

RCD TIMBER PRODUCTS INC

Date Approved

04/10/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

RCD TIMBER PRODUCTS INC

Borrower Address

1699 MATASSINO RD

Borrower City

NEW CASTLE

Borrower State

DE

Borrower Zip

19720-2086

Loan Status Date

02/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596843.00

Current Approval Amount

596843.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60658

Servicing Lender Name

NexTier Bank, National Association

Servicing Lender Address

222 Market St

Servicing Lender City

KITTANNING

Servicing Lender State

PA

Servicing Lender Zip

16201-1525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-2086

CD

DE-

Jobs Reported

40

NAICS Code

322211

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

596843.00

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

60658

Originating Lender

NexTier Bank, National Association

Originating Lender City

KITTANNING

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

602048.80

Forgiveness Date

02/23/2021

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