PPP Loan information for Ralco industries, inc.

$619,700

Ralco industries, inc. was initially approved for PPP Loan of amount $619,700, the current approved amount is $619,700. The loan was approved on 04/06/2020 by The Bank Rhode Island reported 41 jobs and $619,700 was used to fund payroll.

Ralco industries, inc. is Existing or more than 2 years old

RALCO INDUSTRIES, INC.

Date Approved

04/06/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

RALCO INDUSTRIES, INC.

Borrower Address

1112 River Street

Borrower City

WOONSOCKET

Borrower State

RI

Borrower Zip

02895-1825

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

619700.00

Current Approval Amount

619700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WOONSOCKET

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02895-1825

CD

RI-01

Jobs Reported

41

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

619700.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

626516.70

Forgiveness Date

05/21/2021

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