PPP Loan information for Radec electric corporation

$1,197,607

Radec electric corporation was initially approved for PPP Loan of amount $1,197,607, the current approved amount is $1,197,607. The loan was approved on 01/22/2021 by The The Canandaigua National Bank and Trust Company reported 83 jobs and $1,197,607 was used to fund payroll.

Radec electric corporation is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Radec electric corporation

RADEC ELECTRIC CORPORATION

Date Approved

01/22/2021

SBA Office Code

0219

Processing Method

PPS

Borrower Name

RADEC ELECTRIC CORPORATION

Borrower Address

100 Rockwood St

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14610-2661

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1197607.00

Current Approval Amount

1197607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47007

Servicing Lender Name

The Canandaigua National Bank and Trust Company

Servicing Lender Address

72 S Main St

Servicing Lender City

CANANDAIGUA

Servicing Lender State

NY

Servicing Lender Zip

14424-1905

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14610-2661

CD

NY-25

Jobs Reported

83

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1197605.00

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

Corporation

Originating Lender Location Id

47007

Originating Lender

The Canandaigua National Bank and Trust Company

Originating Lender City

CANANDAIGUA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1202297.63

Forgiveness Date

06/30/2021

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