PPP Loan information for Rtc industries inc

$6,248,995

Rtc industries inc was initially approved for PPP Loan of amount $5,896,795, the current approved amount is $6,248,995. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 386 jobs and $6,248,995 was used to fund payroll.

Rtc industries inc is New Business or 2 years or less

PPP Loan Search / IL / ROLLING MEADOWS / Rtc industries inc

RTC INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RTC INDUSTRIES INC

Borrower Address

2800 GOLF RD

Borrower City

ROLLING MEADOWS

Borrower State

IL

Borrower Zip

60008-4023

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5896795.00

Current Approval Amount

6248995.00

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

New Business or 2 years or less

Project City

ROLLING MEADOWS

Project County Name

COOK

Project State

IL

Project Zip

60008-4023

CD

IL-08

Jobs Reported

386

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6248995.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6323126.91

Forgiveness Date

07/19/2021

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