PPP Loan information for R&a electric inc.

$335,647

R&a electric inc. was initially approved for PPP Loan of amount $335,647, the current approved amount is $335,647. The loan was approved on 03/05/2021 by The Loan Source Incorporated reported 4 jobs and $335,647 was used to fund payroll.

R&a electric inc. is Existing or more than 2 years old

R&A ELECTRIC INC.

Date Approved

03/05/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

R&A ELECTRIC INC.

Borrower Address

710 Sycamore Dr

Borrower City

West Chester

Borrower State

PA

Borrower Zip

19380-5922

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335647.00

Current Approval Amount

335647.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Chester

Project County Name

CHESTER

Project State

PA

Project Zip

19380-5922

CD

PA-06

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

335646.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339196.58

Forgiveness Date

03/31/2022

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