PPP Loan information for R4l companies inc.

$422,158

R4l companies inc. was initially approved for PPP Loan of amount $422,158, the current approved amount is $422,158. The loan was approved on 01/22/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 54 jobs and $422,158 was used to fund payroll.

R4l companies inc. is Existing or more than 2 years old

R4L COMPANIES INC.

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

R4L COMPANIES INC.

Borrower Address

292 N Main St # 2

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02720-2327

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

422157.50

Current Approval Amount

422157.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-2327

CD

MA-04

Jobs Reported

54

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

422155.50

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

Corporation

Originating Lender Location Id

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

426124.62

Forgiveness Date

01/06/2022

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