PPP Loan information for R & t electric llc

$306,300

R & t electric llc was initially approved for PPP Loan of amount $284,600, the current approved amount is $306,300. The loan was approved on 04/09/2020 by The Truist Bank reported 15 jobs and $306,300 was used to fund payroll.

R & t electric llc is Existing or more than 2 years old

R & T ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

R & T ELECTRIC LLC

Borrower Address

1415 AL HIGHWAY 144

Borrower City

OHATCHEE

Borrower State

AL

Borrower Zip

36271-7922

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284600.00

Current Approval Amount

306300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OHATCHEE

Project County Name

CALHOUN

Project State

AL

Project Zip

36271-7922

CD

AL-03

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

306300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

308503.66

Forgiveness Date

01/20/2021

;