PPP Loan information for Richard electric, inc.

$234,400

Richard electric, inc. was initially approved for PPP Loan of amount $234,400, the current approved amount is $234,400. The loan was approved on 04/13/2020 by The Mascoma Bank reported 18 jobs and $234,400 was used to fund payroll.

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

PPP Loan Search / VT / Wilder / Richard electric, inc.

RICHARD ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

RICHARD ELECTRIC, INC.

Borrower Address

131 A St

Borrower City

Wilder

Borrower State

VT

Borrower Zip

05088

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234400.00

Current Approval Amount

234400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43126

Servicing Lender Name

Mascoma Bank

Servicing Lender Address

67 N Park St

Servicing Lender City

LEBANON

Servicing Lender State

NH

Servicing Lender Zip

03766-1317

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilder

Project County Name

WINDSOR

Project State

VT

Project Zip

05088-0101

CD

VT-

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

234400.00

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

43126

Originating Lender

Mascoma Bank

Originating Lender City

LEBANON

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

236153.18

Forgiveness Date

01/19/2021

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