PPP Loan information for Rhode electric inc

$24,568

Rhode electric inc was initially approved for PPP Loan of amount $24,568, the current approved amount is $24,568. The loan was approved on 06/24/2020 by The Farmers & Merchants Union Bank reported 3 jobs and $24,568 was used to fund payroll.

Rhode electric inc is Existing or more than 2 years old

PPP Loan Search / WI / REESEVILLE / Rhode electric inc

RHODE ELECTRIC INC

Date Approved

06/24/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RHODE ELECTRIC INC

Borrower Address

200 Opal Avenue

Borrower City

REESEVILLE

Borrower State

WI

Borrower Zip

53579-9900

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24567.92

Current Approval Amount

24567.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75733

Servicing Lender Name

Farmers & Merchants Union Bank

Servicing Lender Address

159 W James St

Servicing Lender City

COLUMBUS

Servicing Lender State

WI

Servicing Lender Zip

53925-1570

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REESEVILLE

Project County Name

DODGE

Project State

WI

Project Zip

53579-9900

CD

WI-05

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

19654.34

Mortgage Interest Proceed

0.00

Rent Proceed

2913.58

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75733

Originating Lender

Farmers & Merchants Union Bank

Originating Lender City

COLUMBUS

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24796.77

Forgiveness Date

06/02/2021

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