PPP Loan information for Nedrac, incorporated

$290,018

Nedrac, incorporated was initially approved for PPP Loan of amount $290,018, the current approved amount is $290,018. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 19 jobs and $290,018 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

04/28/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

NEDRAC, INCORPORATED

Borrower Address

77933 LAS MONTANAS RD

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92211

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290017.50

Current Approval Amount

290017.50

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

92211-0400

CD

CA-41

Jobs Reported

19

NAICS Code

488510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

290017.50

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

291878.45

Forgiveness Date

12/22/2020

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