PPP Loan information for Richards electric supply co., inc

$1,778,333

Richards electric supply co., inc was initially approved for PPP Loan of amount $1,778,333, the current approved amount is $1,778,333. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 145 jobs and $1,778,333 was used to fund payroll.

Richards electric supply co., inc is Existing or more than 2 years old

PPP Loan Search / OH / CINCINNATI / Richards electric supply co., inc

RICHARDS ELECTRIC SUPPLY CO., INC

Date Approved

04/14/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

RICHARDS ELECTRIC SUPPLY CO., INC

Borrower Address

4620 READING ROAD

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45229

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1778332.50

Current Approval Amount

1778332.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CINCINNATI

Project County Name

HAMILTON

Project State

OH

Project Zip

45229-0001

CD

OH-01

Jobs Reported

145

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1778332.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1795078.46

Forgiveness Date

03/29/2021

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