PPP Loan information for Rydalch electric inc.

$1,895,500

Rydalch electric inc. was initially approved for PPP Loan of amount $1,895,500, the current approved amount is $1,895,500. The loan was approved on 02/04/2021 by The Continental Bank reported 115 jobs and $1,895,500 was used to fund payroll.

Rydalch electric inc. is Existing or more than 2 years old

PPP Loan Search / UT / Salt Lake City / Rydalch electric inc.

RYDALCH ELECTRIC INC.

Date Approved

02/04/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RYDALCH ELECTRIC INC.

Borrower Address

250 W Plymouth Ave

Borrower City

Salt Lake City

Borrower State

UT

Borrower Zip

84115-4324

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1895500.00

Current Approval Amount

1895500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

352972

Servicing Lender Name

Continental Bank

Servicing Lender Address

15 W South Temple St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84101-1542

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salt Lake City

Project County Name

SALT LAKE

Project State

UT

Project Zip

84115-4324

CD

UT-02

Jobs Reported

115

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1895500.00

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

352972

Originating Lender

Continental Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1907807.77

Forgiveness Date

10/06/2021

;