PPP Loan information for Ready contractors, inc.

$175,000

Ready contractors, inc. was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/28/2020 by The Providence Bank reported 25 jobs and $175,000 was used to fund payroll.

Ready contractors, inc. is Existing or more than 2 years old

READY CONTRACTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

READY CONTRACTORS, INC.

Borrower Address

3401 Stantonsburg Rd

Borrower City

Wilson

Borrower State

NC

Borrower Zip

27893-7865

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

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

175000.00

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

176380.82

Forgiveness Date

02/18/2021

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