PPP Loan information for Ryder electric, inc

$346,250

Ryder electric, inc was initially approved for PPP Loan of amount $346,250, the current approved amount is $346,250. The loan was approved on 04/27/2020 by The The Cape Cod Five Cents Savings Bank reported 21 jobs and $346,250 was used to fund payroll.

Ryder electric, inc is Existing or more than 2 years old

RYDER ELECTRIC, INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RYDER ELECTRIC, INC

Borrower Address

12 Mary Ann Dr

Borrower City

Nantucket

Borrower State

MA

Borrower Zip

02554-2843

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346250.00

Current Approval Amount

346250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nantucket

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-2843

CD

MA-09

Jobs Reported

21

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

346250.00

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

Subchapter S Corporation

Originating Lender Location Id

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

348414.06

Forgiveness Date

12/18/2020

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