PPP Loan information for Rico foods, inc.

$254,482

Rico foods, inc. was initially approved for PPP Loan of amount $254,482, the current approved amount is $254,482. The loan was approved on 04/11/2020 by The Valley National Bank reported 35 jobs and $254,482 was used to fund payroll.

Rico foods, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / PATERSON / Rico foods, inc.

RICO FOODS, INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RICO FOODS, INC.

Borrower Address

527 EAST 18TH ST

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07514-2611

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254482.00

Current Approval Amount

254482.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07514-2611

CD

NJ-09

Jobs Reported

35

NAICS Code

311412

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

254482.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256821.82

Forgiveness Date

03/18/2021

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