PPP Loan information for Rc motors, inc.

$80,500

Rc motors, inc. was initially approved for PPP Loan of amount $80,500, the current approved amount is $80,500. The loan was approved on 01/19/2021 by The Robertson Banking Company reported 7 jobs and $80,500 was used to fund payroll.

Rc motors, inc. is Existing or more than 2 years old

PPP Loan Search / AL / Irondale / Rc motors, inc.

RC MOTORS, INC.

Date Approved

01/19/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RC MOTORS, INC.

Borrower Address

5599 Oporto Madrid Blvd S

Borrower City

Irondale

Borrower State

AL

Borrower Zip

35210-1432

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80500.00

Current Approval Amount

80500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1952

Servicing Lender Name

Robertson Banking Company

Servicing Lender Address

216 N Walnut Ave

Servicing Lender City

DEMOPOLIS

Servicing Lender State

AL

Servicing Lender Zip

36732-2032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Irondale

Project County Name

JEFFERSON

Project State

AL

Project Zip

35210-1432

CD

AL-06

Jobs Reported

7

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

80497.00

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

Subchapter S Corporation

Originating Lender Location Id

1952

Originating Lender

Robertson Banking Company

Originating Lender City

DEMOPOLIS

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

80839.89

Forgiveness Date

06/29/2021

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