PPP Loan information for R&r coatings, inc

$337,600

R&r coatings, inc was initially approved for PPP Loan of amount $337,600, the current approved amount is $337,600. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 41 jobs and $337,600 was used to fund payroll.

R&r coatings, inc is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / R&r coatings, inc

R&R COATINGS, INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

R&R COATINGS, INC

Borrower Address

405 Martin Street

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21804

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337600.00

Current Approval Amount

337600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-0001

CD

MD-01

Jobs Reported

41

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

314900.00

Mortgage Interest Proceed

1300.00

Rent Proceed

5500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

341419.97

Forgiveness Date

06/11/2021

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