PPP Loan information for Rci electric llc

$522,800

Rci electric llc was initially approved for PPP Loan of amount $522,800, the current approved amount is $522,800. The loan was approved on 01/27/2021 by The Waterford Bank, National Association reported 45 jobs and $522,800 was used to fund payroll.

Rci electric llc is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Rci electric llc

RCI ELECTRIC LLC

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RCI ELECTRIC LLC

Borrower Address

32733 Folsom Rd

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48336-4425

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

522800.00

Current Approval Amount

522800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-4425

CD

MI-11

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

522795.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528884.81

Forgiveness Date

03/29/2022

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