PPP Loan information for Rinco equipment sales

$117,375

Rinco equipment sales was initially approved for PPP Loan of amount $117,375, the current approved amount is $117,375. The loan was approved on 02/22/2021 by The Mechanics Bank reported 8 jobs and $117,375 was used to fund payroll.

Rinco equipment sales is Existing or more than 2 years old

RINCO EQUIPMENT SALES

Date Approved

02/22/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

RINCO EQUIPMENT SALES

Borrower Address

34928 Gazelle Ct

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93308-9618

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117375.00

Current Approval Amount

117375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93308-9618

CD

CA-22

Jobs Reported

8

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117375.00

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

Subchapter S Corporation

Originating Lender Location Id

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117740.17

Forgiveness Date

06/15/2021

;