PPP Loan information for Rad works llc

$28,040

Rad works llc was initially approved for PPP Loan of amount $28,040, the current approved amount is $28,040. The loan was approved on 05/01/2021 by The Chelsea Groton Bank reported 5 jobs and $28,040 was used to fund payroll.

Rad works llc is Existing or more than 2 years old

RAD WORKS LLC

Date Approved

05/01/2021

SBA Office Code

0156

Processing Method

PPP

Borrower Name

RAD WORKS LLC

Borrower Address

49 Pond Dr

Borrower City

North Stonington

Borrower State

CT

Borrower Zip

06359-1623

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28039.82

Current Approval Amount

28039.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Stonington

Project County Name

NEW LONDON

Project State

CT

Project Zip

06359-1623

CD

CT-02

Jobs Reported

5

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28037.82

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

Single Member LLC

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28217.28

Forgiveness Date

12/21/2021

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