PPP Loan information for Ribco electric inc

$125,000

Ribco electric inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 03/05/2021 by The Bank of America, National Association reported 6 jobs and $125,000 was used to fund payroll.

Ribco electric inc is Existing or more than 2 years old

RIBCO ELECTRIC INC

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RIBCO ELECTRIC INC

Borrower Address

14 Cross St

Borrower City

Dedham

Borrower State

MA

Borrower Zip

02026-2949

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dedham

Project County Name

NORFOLK

Project State

MA

Project Zip

02026-2949

CD

MA-08

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124998.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125770.55

Forgiveness Date

10/20/2021

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