PPP Loan information for Rm electric, llc

$156,900

Rm electric, llc was initially approved for PPP Loan of amount $156,900, the current approved amount is $156,900. The loan was approved on 06/10/2020 by The Summit CU reported 8 jobs and $156,900 was used to fund payroll.

Rm electric, llc is Existing or more than 2 years old

RM ELECTRIC, LLC

Date Approved

06/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RM ELECTRIC, LLC

Borrower Address

1285 MORRIS ST

Borrower City

FOND DU LAC

Borrower State

WI

Borrower Zip

54935-5623

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156900.00

Current Approval Amount

156900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOND DU LAC

Project County Name

FOND DU LAC

Project State

WI

Project Zip

54935-5623

CD

WI-06

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158133.71

Forgiveness Date

03/31/2021

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