PPP Loan information for Red electrical designs llc

$87,554

Red electrical designs llc was initially approved for PPP Loan of amount $87,554, the current approved amount is $87,554. The loan was approved on 04/07/2020 by The Farmers and Merchants Bank of South Carolina reported 11 jobs and $87,554 was used to fund payroll.

Red electrical designs llc is Existing or more than 2 years old

PPP Loan Search / SC / MONCKS CORNER / Red electrical designs llc

RED ELECTRICAL DESIGNS LLC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RED ELECTRICAL DESIGNS LLC

Borrower Address

230 S LIVE OAK DR

Borrower City

MONCKS CORNER

Borrower State

SC

Borrower Zip

29461-3418

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87553.65

Current Approval Amount

87553.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66139

Servicing Lender Name

Farmers and Merchants Bank of South Carolina

Servicing Lender Address

8624 Old State Rd

Servicing Lender City

HOLLY HILL

Servicing Lender State

SC

Servicing Lender Zip

29059-8230

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONCKS CORNER

Project County Name

BERKELEY

Project State

SC

Project Zip

29461-3418

CD

SC-01

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87553.65

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

Limited Liability Company(LLC)

Originating Lender Location Id

66139

Originating Lender

Farmers and Merchants Bank of South Carolina

Originating Lender City

HOLLY HILL

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88007.01

Forgiveness Date

10/23/2020

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