PPP Loan information for Rialto electric corporation

$184,900

Rialto electric corporation was initially approved for PPP Loan of amount $184,900, the current approved amount is $184,900. The loan was approved on 05/03/2020 by The Valley National Bank reported 11 jobs and $184,900 was used to fund payroll.

Rialto electric corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Kinnelon / Rialto electric corporation

RIALTO ELECTRIC CORPORATION

Date Approved

05/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RIALTO ELECTRIC CORPORATION

Borrower Address

389C Kinnelon Road

Borrower City

Kinnelon

Borrower State

NJ

Borrower Zip

07405

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184900.00

Current Approval Amount

184900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kinnelon

Project County Name

MORRIS

Project State

NJ

Project Zip

07405-0001

CD

NJ-11

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184900.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187149.62

Forgiveness Date

07/21/2021

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