PPP Loan information for Ritch electric co inc.

$199,276

Ritch electric co inc. was initially approved for PPP Loan of amount $199,276, the current approved amount is $199,276. The loan was approved on 02/02/2021 by The Synovus Bank reported 21 jobs and $199,276 was used to fund payroll.

Ritch electric co inc. is Existing or more than 2 years old

RITCH ELECTRIC CO INC.

Date Approved

02/02/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RITCH ELECTRIC CO INC.

Borrower Address

1111 14th St

Borrower City

Columbus

Borrower State

GA

Borrower Zip

31901-2207

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199276.00

Current Approval Amount

199275.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

MUSCOGEE

Project State

GA

Project Zip

31901-2207

CD

GA-02

Jobs Reported

21

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.65

Payroll Proceed

199271.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201617.82

Forgiveness Date

04/11/2022

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