PPP Loan information for Redco foodservice equipment, llc

$234,600

Redco foodservice equipment, llc was initially approved for PPP Loan of amount $234,600, the current approved amount is $234,600. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 16 jobs and $234,600 was used to fund payroll.

Redco foodservice equipment, llc is Existing or more than 2 years old

PPP Loan Search / WI / NEW BERLIN / Redco foodservice equipment, llc

REDCO FOODSERVICE EQUIPMENT, LLC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

REDCO FOODSERVICE EQUIPMENT, LLC

Borrower Address

5145 S EMMER DR

Borrower City

NEW BERLIN

Borrower State

WI

Borrower Zip

53151-7362

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234600.00

Current Approval Amount

234600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BERLIN

Project County Name

WAUKESHA

Project State

WI

Project Zip

53151-7362

CD

WI-05

Jobs Reported

16

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

234600.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

235922.88

Forgiveness Date

11/05/2020

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