PPP Loan information for Rector excavating, inc.

$239,900

Rector excavating, inc. was initially approved for PPP Loan of amount $239,900, the current approved amount is $239,900. The loan was approved on 07/08/2020 by The Truist Bank reported 23 jobs and $239,900 was used to fund payroll.

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

RECTOR EXCAVATING, INC.

Date Approved

07/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RECTOR EXCAVATING, INC.

Borrower Address

9561 E BEND RD

Borrower City

BURLINGTON

Borrower State

KY

Borrower Zip

41005-8637

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239900.00

Current Approval Amount

239900.00

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

23

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

239900.00

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

242079.09

Forgiveness Date

06/02/2021

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