PPP Loan information for Rt electric, inc.

$461,389

Rt electric, inc. was initially approved for PPP Loan of amount $461,389, the current approved amount is $461,389. The loan was approved on 04/27/2020 by The Pioneer Bank reported 45 jobs and $461,389 was used to fund payroll.

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

PPP Loan Search / NM / LAS CRUCES / Rt electric, inc.

RT ELECTRIC, INC.

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RT ELECTRIC, INC.

Borrower Address

480 N 17TH ST

Borrower City

LAS CRUCES

Borrower State

NM

Borrower Zip

88005-4148

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

461389.27

Current Approval Amount

461389.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78043

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

3000 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-6676

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAS CRUCES

Project County Name

DONA ANA

Project State

NM

Project Zip

88005-4148

CD

NM-02

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

461389.27

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

78043

Originating Lender

Pioneer Bank

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

464916.05

Forgiveness Date

02/02/2021

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