PPP Loan information for Ralco electric, inc.

$771,620

Ralco electric, inc. was initially approved for PPP Loan of amount $771,620, the current approved amount is $771,620. The loan was approved on 04/08/2020 by The BayCoast Bank reported 63 jobs and $771,620 was used to fund payroll.

Ralco electric, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WESTPORT / Ralco electric, inc.

RALCO ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RALCO ELECTRIC, INC.

Borrower Address

101 State Road

Borrower City

WESTPORT

Borrower State

MA

Borrower Zip

02790-3521

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

771620.00

Current Approval Amount

771620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTPORT

Project County Name

BRISTOL

Project State

MA

Project Zip

02790-3521

CD

MA-09

Jobs Reported

63

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

771620.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

778993.26

Forgiveness Date

03/29/2021

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