PPP Loan information for Nedrac incorporated

$302,722

Nedrac incorporated was initially approved for PPP Loan of amount $306,049, the current approved amount is $302,722. The loan was approved on 02/06/2021 by The U.S. Bank, National Association reported 20 jobs and $302,722 was used to fund payroll.

Nedrac incorporated is Existing or more than 2 years old

PPP Loan Search / CA / PALM DESERT / Nedrac incorporated

NEDRAC INCORPORATED

Date Approved

02/06/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

NEDRAC INCORPORATED

Borrower Address

77933 LAS RD

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92211

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306049.00

Current Approval Amount

302722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALM DESERT

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92211

CD

CA-36

Jobs Reported

20

NAICS Code

484210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

302718.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304277.65

Forgiveness Date

08/23/2021

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