PPP Loan information for Remac inc.

$518,000

Remac inc. was initially approved for PPP Loan of amount $518,000, the current approved amount is $518,000. The loan was approved on 02/04/2021 by The First-Citizens Bank & Trust Company reported 40 jobs and $518,000 was used to fund payroll.

Remac inc. is Existing or more than 2 years old

REMAC INC.

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

REMAC INC.

Borrower Address

20103 Governor Harrison Pkwy

Borrower City

Freeman

Borrower State

VA

Borrower Zip

23856-2452

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

518000.00

Current Approval Amount

518000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Freeman

Project County Name

GREENSVILLE

Project State

VA

Project Zip

23856-2452

CD

VA-04

Jobs Reported

40

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

518000.00

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

521718.25

Forgiveness Date

10/29/2021

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