PPP Loan information for Response electric inc.

$1,473,661

Response electric inc. was initially approved for PPP Loan of amount $1,473,661, the current approved amount is $1,473,661. The loan was approved on 04/13/2020 by The Signature Bank reported 79 jobs and $1,473,661 was used to fund payroll.

Response electric inc. is Existing or more than 2 years old

RESPONSE ELECTRIC INC.

Date Approved

04/13/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

RESPONSE ELECTRIC INC.

Borrower Address

680 Lorimer Street

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11211-1315

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1473661.00

Current Approval Amount

1473661.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11211-1315

CD

NY-07

Jobs Reported

79

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1473661.00

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

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1472162.26

Forgiveness Date

11/19/2020

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