PPP Loan information for Rich electric, inc.

$127,800

Rich electric, inc. was initially approved for PPP Loan of amount $127,800, the current approved amount is $127,800. The loan was approved on 04/11/2020 by The Cache Valley Bank reported 13 jobs and $127,800 was used to fund payroll.

Rich electric, inc. is Existing or more than 2 years old

RICH ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RICH ELECTRIC, INC.

Borrower Address

831 N 1080 E

Borrower City

SAINT GEORGE

Borrower State

UT

Borrower Zip

84770-3244

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127800.00

Current Approval Amount

127800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT GEORGE

Project County Name

WASHINGTON

Project State

UT

Project Zip

84770-3244

CD

UT-02

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127800.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

129269.70

Forgiveness Date

06/09/2021

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