PPP Loan information for Red-kap sales inc

$795,340

Red-kap sales inc was initially approved for PPP Loan of amount $795,340, the current approved amount is $795,340. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 85 jobs and $795,340 was used to fund payroll.

Red-kap sales inc is New Business or 2 years or less

RED-KAP SALES INC

Date Approved

05/01/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

RED-KAP SALES INC

Borrower Address

1806 Erie Blvd

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12308

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

795340.00

Current Approval Amount

795340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Schenectady

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12308-1000

CD

NY-20

Jobs Reported

85

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

795340.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

802508.96

Forgiveness Date

03/31/2021

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