PPP Loan information for Rlo contractors, inc.

$1,278,400

Rlo contractors, inc. was initially approved for PPP Loan of amount $1,278,400, the current approved amount is $1,278,400. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 71 jobs and $1,278,400 was used to fund payroll.

Rlo contractors, inc. is Existing or more than 2 years old

RLO CONTRACTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RLO CONTRACTORS, INC.

Borrower Address

4790 Linthicum Rd

Borrower City

DAYTON

Borrower State

MD

Borrower Zip

21036-1002

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1278400.00

Current Approval Amount

1278400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

HOWARD

Project State

MD

Project Zip

21036-1002

CD

MD-03

Jobs Reported

71

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1278400.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1287436.36

Forgiveness Date

12/31/2020

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