PPP Loan information for Radco electronics

$18,252

Radco electronics was initially approved for PPP Loan of amount $18,252, the current approved amount is $18,252. The loan was approved on 06/02/2020 by The Macon Bank and Trust Company reported 1 jobs and $18,252 was used to fund payroll.

Radco electronics is Existing or more than 2 years old

RADCO ELECTRONICS

Date Approved

06/02/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RADCO ELECTRONICS

Borrower Address

5900 HAUSKINS LN

Borrower City

WESTMORELAND

Borrower State

TN

Borrower Zip

37186-2704

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18252.00

Current Approval Amount

18252.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68797

Servicing Lender Name

Macon Bank and Trust Company

Servicing Lender Address

609 Red Boiling Springs Rd

Servicing Lender City

LAFAYETTE

Servicing Lender State

TN

Servicing Lender Zip

37083-1315

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WESTMORELAND

Project County Name

MACON

Project State

TN

Project Zip

37186-2704

CD

TN-06

Jobs Reported

1

NAICS Code

425110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4563.00

Payroll Proceed

13689.00

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

Sole Proprietorship

Originating Lender Location Id

68797

Originating Lender

Macon Bank and Trust Company

Originating Lender City

LAFAYETTE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18366.01

Forgiveness Date

01/25/2021

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