PPP Loan information for R&d creations

$312,500

R&d creations was initially approved for PPP Loan of amount $312,500, the current approved amount is $312,500. The loan was approved on 04/11/2020 by The Reliance Savings Bank d/b/a Reliance Bank reported 24 jobs and $312,500 was used to fund payroll.

R&d creations is Existing or more than 2 years old

R&D CREATIONS

Date Approved

04/11/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

R&D CREATIONS

Borrower Address

305 Broad Street

Borrower City

HOLLIDAYSBURG

Borrower State

PA

Borrower Zip

16648-1349

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312500.00

Current Approval Amount

312500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86158

Servicing Lender Name

Reliance Savings Bank d/b/a Reliance Bank

Servicing Lender Address

1119 12th St

Servicing Lender City

ALTOONA

Servicing Lender State

PA

Servicing Lender Zip

16601-3419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLIDAYSBURG

Project County Name

BLAIR

Project State

PA

Project Zip

16648-1349

CD

PA-13

Jobs Reported

24

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

62500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

86158

Originating Lender

Reliance Savings Bank d/b/a Reliance Bank

Originating Lender City

ALTOONA

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304480.75

Forgiveness Date

12/16/2020

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