PPP Loan information for Riverside electric inc

$125,833

Riverside electric inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,833. The loan was approved on 04/04/2020 by The Machias Savings Bank reported 13 jobs and $125,833 was used to fund payroll.

Riverside electric inc is Existing or more than 2 years old

PPP Loan Search / ME / CALAIS / Riverside electric inc

RIVERSIDE ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

RIVERSIDE ELECTRIC INC

Borrower Address

334 North Street

Borrower City

CALAIS

Borrower State

ME

Borrower Zip

04619-1209

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALAIS

Project County Name

WASHINGTON

Project State

ME

Project Zip

04619-1209

CD

ME-02

Jobs Reported

13

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125833.00

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

Subchapter S Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126619.46

Forgiveness Date

11/27/2020

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