PPP Loan information for Residential development & construction, inc.

$473,800

Residential development & construction, inc. was initially approved for PPP Loan of amount $473,800, the current approved amount is $473,800. The loan was approved on 04/11/2020 by The First Commonwealth Bank reported 28 jobs and $473,800 was used to fund payroll.

Residential development & construction, inc. is Existing or more than 2 years old

RESIDENTIAL DEVELOPMENT & CONSTRUCTION, INC.

Date Approved

04/11/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

RESIDENTIAL DEVELOPMENT & CONSTRUCTION, INC.

Borrower Address

651 Holiday Dr Suite 225

Borrower City

PITTSBURGH

Borrower State

PA

Borrower Zip

15220-2724

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473800.00

Current Approval Amount

473800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PITTSBURGH

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15220-2724

CD

PA-17

Jobs Reported

28

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

473800.00

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478213.48

Forgiveness Date

03/25/2021

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