PPP Loan information for Ritschel's electronic office systems, inc.

$474,690

Ritschel's electronic office systems, inc. was initially approved for PPP Loan of amount $474,690, the current approved amount is $474,690. The loan was approved on 04/27/2020 by The Kearny Bank reported 33 jobs and $474,690 was used to fund payroll.

Ritschel's electronic office systems, inc. is Existing or more than 2 years old

RITSCHEL'S ELECTRONIC OFFICE SYSTEMS, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RITSCHEL'S ELECTRONIC OFFICE SYSTEMS, INC.

Borrower Address

330 FAIRFIELD RD

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474690.00

Current Approval Amount

474690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80086

Servicing Lender Name

Kearny Bank

Servicing Lender Address

614 Kearny Ave

Servicing Lender City

KEARNY

Servicing Lender State

NJ

Servicing Lender Zip

07032-2806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-0011

CD

NJ-11

Jobs Reported

33

NAICS Code

423420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

474690.00

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

80086

Originating Lender

Kearny Bank

Originating Lender City

KEARNY

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

478447.96

Forgiveness Date

02/11/2021

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