PPP Loan information for Rad corp

$1,805,000

Rad corp was initially approved for PPP Loan of amount $1,805,000, the current approved amount is $1,805,000. The loan was approved on 04/14/2020 by The MountainOne Bank reported 61 jobs and $1,805,000 was used to fund payroll.

Rad corp is Existing or more than 2 years old

PPP Loan Search / MA / Rockland / Rad corp

RAD CORP

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAD CORP

Borrower Address

171 Vfw Dr

Borrower City

Rockland

Borrower State

MA

Borrower Zip

02370-1129

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1805000.00

Current Approval Amount

1805000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33181

Servicing Lender Name

MountainOne Bank

Servicing Lender Address

93 Main St

Servicing Lender City

NORTH ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01247-3405

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockland

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02370-1129

CD

MA-09

Jobs Reported

61

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1805000.00

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

33181

Originating Lender

MountainOne Bank

Originating Lender City

NORTH ADAMS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1824088.49

Forgiveness Date

05/21/2021

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