PPP Loan information for Rmd electric corporation

$723,400

Rmd electric corporation was initially approved for PPP Loan of amount $819,700, the current approved amount is $723,400. The loan was approved on 04/12/2020 by The BankUnited, National Association reported 25 jobs and $723,400 was used to fund payroll.

Rmd electric corporation is New Business or 2 years or less

RMD ELECTRIC CORPORATION

Date Approved

04/12/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

RMD ELECTRIC CORPORATION

Borrower Address

218-26 HEMPSTEAD AVE

Borrower City

QUEENS VILLAGE

Borrower State

NY

Borrower Zip

11429-1235

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

819700.00

Current Approval Amount

723400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464999

Servicing Lender Name

BankUnited, National Association

Servicing Lender Address

14817 Oak Lane

Servicing Lender City

MIAMI LAKES

Servicing Lender State

FL

Servicing Lender Zip

33016-1517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

QUEENS VILLAGE

Project County Name

QUEENS

Project State

NY

Project Zip

11429-1235

CD

NY-05

Jobs Reported

25

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

723400.00

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

464999

Originating Lender

BankUnited, National Association

Originating Lender City

MIAMI LAKES

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

731377.49

Forgiveness Date

05/21/2021

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