PPP Loan information for Remac, inc.

$511,500

Remac, inc. was initially approved for PPP Loan of amount $511,500, the current approved amount is $511,500. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 50 jobs and $511,500 was used to fund payroll.

Remac, inc. is New Business or 2 years or less

PPP Loan Search / VA / FREEMAN / Remac, inc.

REMAC, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

REMAC, INC.

Borrower Address

20103 Gov Harrison Pkwy

Borrower City

FREEMAN

Borrower State

VA

Borrower Zip

23856-2452

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

511500.00

Current Approval Amount

511500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FREEMAN

Project County Name

BRUNSWICK

Project State

VA

Project Zip

23856-2452

CD

VA-04

Jobs Reported

50

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

511500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

516180.58

Forgiveness Date

03/16/2021

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