PPP Loan information for Ricon, inc

$989,167

Ricon, inc was initially approved for PPP Loan of amount $989,167, the current approved amount is $989,167. The loan was approved on 04/09/2020 by The Century Next Bank reported 75 jobs and $989,167 was used to fund payroll.

Ricon, inc is Existing or more than 2 years old

PPP Loan Search / AR / CROSSETT / Ricon, inc

RICON, INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RICON, INC

Borrower Address

2601 HWY 82 W

Borrower City

CROSSETT

Borrower State

AR

Borrower Zip

71635

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

989167.41

Current Approval Amount

989167.41

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82860

Servicing Lender Name

Century Next Bank

Servicing Lender Address

505 N Vienna St

Servicing Lender City

RUSTON

Servicing Lender State

LA

Servicing Lender Zip

71270-3813

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROSSETT

Project County Name

ASHLEY

Project State

AR

Project Zip

71635-0001

CD

AR-04

Jobs Reported

75

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

989167.41

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

82860

Originating Lender

Century Next Bank

Originating Lender City

RUSTON

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

997107.81

Forgiveness Date

01/28/2021

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