PPP Loan information for Regional development corporation

$57,700

Regional development corporation was initially approved for PPP Loan of amount $57,700, the current approved amount is $57,700. The loan was approved on 04/28/2020 by The Enterprise Bank & Trust reported 4 jobs and $57,700 was used to fund payroll.

Regional development corporation is Existing or more than 2 years old

REGIONAL DEVELOPMENT CORPORATION

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

REGIONAL DEVELOPMENT CORPORATION

Borrower Address

706 BOND ST

Borrower City

ESPANOLA

Borrower State

NM

Borrower Zip

87532

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57700.00

Current Approval Amount

57700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ESPANOLA

Project County Name

RIO ARRIBA

Project State

NM

Project Zip

87532-0001

CD

NM-03

Jobs Reported

4

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57700.00

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

Non-Profit Organization

Originating Lender Location Id

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

58187.24

Forgiveness Date

03/11/2021

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