PPP Loan information for Ryce electric llc

$28,625

Ryce electric llc was initially approved for PPP Loan of amount $28,625, the current approved amount is $28,625. The loan was approved on 01/27/2021 by The Community Bank of the Chesapeake reported 4 jobs and $28,625 was used to fund payroll.

Ryce electric llc is Existing or more than 2 years old

RYCE ELECTRIC LLC

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RYCE ELECTRIC LLC

Borrower Address

26658 Baptist Church Rd

Borrower City

Mechanicsville

Borrower State

MD

Borrower Zip

20659-4536

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28625.00

Current Approval Amount

28625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mechanicsville

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20659-4536

CD

MD-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28624.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28990.46

Forgiveness Date

05/17/2022

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