PPP Loan information for Ready contractors inc

$292,907

Ready contractors inc was initially approved for PPP Loan of amount $292,907, the current approved amount is $292,907. The loan was approved on 02/04/2021 by The Providence Bank reported 25 jobs and $292,907 was used to fund payroll.

Ready contractors inc is Existing or more than 2 years old

READY CONTRACTORS INC

Date Approved

02/04/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

READY CONTRACTORS INC

Borrower Address

3041 Stantonsburg Rd SE

Borrower City

Wilson

Borrower State

NC

Borrower Zip

27893-7865

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292907.00

Current Approval Amount

292907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438379

Servicing Lender Name

Providence Bank

Servicing Lender Address

450 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2229

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilson

Project County Name

WILSON

Project State

NC

Project Zip

27893-7865

CD

NC-01

Jobs Reported

25

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

292906.00

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

438379

Originating Lender

Providence Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295378.65

Forgiveness Date

12/16/2021

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