PPP Loan information for Rtc distribution inc

$521,358

Rtc distribution inc was initially approved for PPP Loan of amount $521,358, the current approved amount is $521,358. The loan was approved on 03/13/2021 by The Farmers State Bank of Alto Pass, Illinois reported 64 jobs and $521,358 was used to fund payroll.

Rtc distribution inc is Existing or more than 2 years old

PPP Loan Search / NJ / Linden / Rtc distribution inc

RTC DISTRIBUTION INC

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RTC DISTRIBUTION INC

Borrower Address

1227 W Saint Georges Ave

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036-6117

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

521358.22

Current Approval Amount

521358.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-6117

CD

NJ-07

Jobs Reported

64

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

521352.22

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

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

526657.50

Forgiveness Date

03/24/2022

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