PPP Loan information for Rtc distribution inc.

$405,590

Rtc distribution inc. was initially approved for PPP Loan of amount $405,590, the current approved amount is $405,590. The loan was approved on 04/30/2020 by The Farmers State Bank of Alto Pass, Illinois reported 34 jobs and $405,590 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

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RTC DISTRIBUTION INC.

Borrower Address

1227 West Saint Georges Avenue

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405590.00

Current Approval Amount

405590.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-0001

CD

NJ-10

Jobs Reported

34

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5590.00

Payroll Proceed

380000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

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

410412.63

Forgiveness Date

07/15/2021

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