PPP Loan information for Rd martin electric shop

$102,400

Rd martin electric shop was initially approved for PPP Loan of amount $102,400, the current approved amount is $102,400. The loan was approved on 04/13/2020 by The Customers Bank reported 6 jobs and $102,400 was used to fund payroll.

Rd martin electric shop is Existing or more than 2 years old

RD MARTIN ELECTRIC SHOP

Date Approved

04/13/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

RD MARTIN ELECTRIC SHOP

Borrower Address

890 Gulf Street

Borrower City

Beaumont

Borrower State

TX

Borrower Zip

77701

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102400.00

Current Approval Amount

102400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beaumont

Project County Name

JEFFERSON

Project State

TX

Project Zip

77701-1000

CD

TX-14

Jobs Reported

6

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102400.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103443.64

Forgiveness Date

05/19/2021

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