PPP Loan information for Richpower industries inc

$250,400

Richpower industries inc was initially approved for PPP Loan of amount $250,400, the current approved amount is $250,400. The loan was approved on 04/09/2020 by The Bank of America, National Association reported 20 jobs and $250,400 was used to fund payroll.

Richpower industries inc is Existing or more than 2 years old

RICHPOWER INDUSTRIES INC

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RICHPOWER INDUSTRIES INC

Borrower Address

736 HAMPTON RD

Borrower City

WILLIAMSTON

Borrower State

SC

Borrower Zip

29697-9225

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250400.00

Current Approval Amount

250400.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSTON

Project County Name

ANDERSON

Project State

SC

Project Zip

29697-9225

CD

SC-03

Jobs Reported

20

NAICS Code

333991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250400.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252464.94

Forgiveness Date

02/10/2021

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