PPP Loan information for Rms electricial services inc

$1,603,995

Rms electricial services inc was initially approved for PPP Loan of amount $1,603,995, the current approved amount is $1,603,995. The loan was approved on 04/28/2020 by The WesBanco Bank, Inc. reported 105 jobs and $1,603,995 was used to fund payroll.

Rms electricial services inc is New Business or 2 years or less

RMS ELECTRICIAL SERVICES INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RMS ELECTRICIAL SERVICES INC

Borrower Address

4470 REGENCY PLACE

Borrower City

WHITE PLAINS

Borrower State

MD

Borrower Zip

20695

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1603995.00

Current Approval Amount

1603995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WHITE PLAINS

Project County Name

CHARLES

Project State

MD

Project Zip

20695-0001

CD

MD-05

Jobs Reported

105

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1603995.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1622100.37

Forgiveness Date

06/15/2021

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