PPP Loan information for Ridco casting company

$397,412

Ridco casting company was initially approved for PPP Loan of amount $397,412, the current approved amount is $397,412. The loan was approved on 02/03/2021 by The Webster Bank National Association reported 44 jobs and $397,412 was used to fund payroll.

Ridco casting company is Existing or more than 2 years old

RIDCO CASTING COMPANY

Date Approved

02/03/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

RIDCO CASTING COMPANY

Borrower Address

6 Beverage Hill Ave

Borrower City

Pawtucket

Borrower State

RI

Borrower Zip

02860-6202

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397412.00

Current Approval Amount

397412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pawtucket

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02860-6202

CD

RI-01

Jobs Reported

44

NAICS Code

331523

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

397408.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402322.49

Forgiveness Date

05/09/2022

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