PPP Loan information for Rossi electric co inc

$1,844,427

Rossi electric co inc was initially approved for PPP Loan of amount $1,844,427, the current approved amount is $1,844,427. The loan was approved on 03/29/2021 by The Bank of America, National Association reported 109 jobs and $1,844,427 was used to fund payroll.

Rossi electric co inc is Existing or more than 2 years old

PPP Loan Search / RI / Cranston / Rossi electric co inc

ROSSI ELECTRIC CO INC

Date Approved

03/29/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ROSSI ELECTRIC CO INC

Borrower Address

65 Western Industrial Dr

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02921-3402

Loan Status Date

06/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1844427.00

Current Approval Amount

1844427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02921-3402

CD

RI-02

Jobs Reported

109

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1844424.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

791138.66

Forgiveness Date

05/04/2023

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