PPP Loan information for Rubber engineering & development co, inc.

$239,177

Rubber engineering & development co, inc. was initially approved for PPP Loan of amount $239,177, the current approved amount is $239,177. The loan was approved on 04/15/2020 by The City National Bank reported 29 jobs and $239,177 was used to fund payroll.

Rubber engineering & development co, inc. is Existing or more than 2 years old

RUBBER ENGINEERING & DEVELOPMENT CO, INC.

Date Approved

04/15/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

RUBBER ENGINEERING & DEVELOPMENT CO, INC.

Borrower Address

3000 ARROWHEAD DR

Borrower City

CARSON CITY

Borrower State

NV

Borrower Zip

89706-0482

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239177.00

Current Approval Amount

239177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARSON CITY

Project County Name

CARSON CITY

Project State

NV

Project Zip

89706-0482

CD

NV-02

Jobs Reported

29

NAICS Code

326291

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

190000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4677.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

241155.94

Forgiveness Date

02/19/2021

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