PPP Loan information for Rt electric inc

$463,032

Rt electric inc was initially approved for PPP Loan of amount $463,032, the current approved amount is $463,032. The loan was approved on 03/24/2021 by The Pioneer Bank reported 59 jobs and $463,032 was used to fund payroll.

Rt electric inc is Existing or more than 2 years old

PPP Loan Search / NM / Las Cruces / Rt electric inc

RT ELECTRIC INC

Date Approved

03/24/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RT ELECTRIC INC

Borrower Address

480 N 17th St

Borrower City

Las Cruces

Borrower State

NM

Borrower Zip

88005-4148

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

463032.37

Current Approval Amount

463032.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78043

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

3000 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-6676

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Las Cruces

Project County Name

DONA ANA

Project State

NM

Project Zip

88005-4148

CD

NM-02

Jobs Reported

59

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

463032.37

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

78043

Originating Lender

Pioneer Bank

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

467066.46

Forgiveness Date

02/14/2022

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