PPP Loan information for Russco inc.

$625,877

Russco inc. was initially approved for PPP Loan of amount $625,877, the current approved amount is $625,877. The loan was approved on 02/05/2021 by The BayCoast Bank reported 28 jobs and $625,877 was used to fund payroll.

Russco inc. is Existing or more than 2 years old

PPP Loan Search / MA / Fall River / Russco inc.

RUSSCO INC.

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RUSSCO INC.

Borrower Address

565 Commerce Dr Ste 2

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02720-4760

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

625877.00

Current Approval Amount

625877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-4760

CD

MA-04

Jobs Reported

28

NAICS Code

236220

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

625871.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

628797.76

Forgiveness Date

07/28/2021

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