PPP Loan information for Ralco industries inc

$619,791

Ralco industries inc was initially approved for PPP Loan of amount $619,791, the current approved amount is $619,791. The loan was approved on 02/18/2021 by The Bank Rhode Island reported 42 jobs and $619,791 was used to fund payroll.

Ralco industries inc is Existing or more than 2 years old

PPP Loan Search / RI / Woonsocket / Ralco industries inc

RALCO INDUSTRIES INC

Date Approved

02/18/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

RALCO INDUSTRIES INC

Borrower Address

1112 River St

Borrower City

Woonsocket

Borrower State

RI

Borrower Zip

02895-6901

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

619791.42

Current Approval Amount

619791.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Woonsocket

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02895-6901

CD

RI-01

Jobs Reported

42

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

619784.42

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

624818.62

Forgiveness Date

12/16/2021

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