PPP Loan information for Rector excavating inc.

$232,275

Rector excavating inc. was initially approved for PPP Loan of amount $232,275, the current approved amount is $232,275. The loan was approved on 03/20/2021 by The Truist Bank reported 18 jobs and $232,275 was used to fund payroll.

Rector excavating inc. is Existing or more than 2 years old

RECTOR EXCAVATING INC.

Date Approved

03/20/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RECTOR EXCAVATING INC.

Borrower Address

9561 E Bend Rd

Borrower City

Burlington

Borrower State

KY

Borrower Zip

41005-8637

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

232275.00

Current Approval Amount

232275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

BOONE

Project State

KY

Project Zip

41005-8637

CD

KY-04

Jobs Reported

18

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232275.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233236.36

Forgiveness Date

08/23/2021

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