PPP Loan information for Rc marine electric, llc

$47,500

Rc marine electric, llc was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 04/28/2020 by The BankNewport reported 5 jobs and $47,500 was used to fund payroll.

Rc marine electric, llc is New Business or 2 years or less

PPP Loan Search / RI / PORTSMOUTH / Rc marine electric, llc

RC MARINE ELECTRIC, LLC

Date Approved

04/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

RC MARINE ELECTRIC, LLC

Borrower Address

110 Carter Drive

Borrower City

PORTSMOUTH

Borrower State

RI

Borrower Zip

02871

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PORTSMOUTH

Project County Name

NEWPORT

Project State

RI

Project Zip

02871-0001

CD

RI-01

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

47842.26

Forgiveness Date

01/20/2021

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