PPP Loan information for Red electric llc

$12,200

Red electric llc was initially approved for PPP Loan of amount $12,200, the current approved amount is $12,200. The loan was approved on 04/28/2020 by The Oriental Bank reported 2 jobs and $12,200 was used to fund payroll.

Red electric llc is New Business or 2 years or less

RED ELECTRIC LLC

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

RED ELECTRIC LLC

Borrower Address

URB VILLA SERENA 106 CALLE GUAJATACA,

Borrower City

SANTA ISABEL

Borrower State

PR

Borrower Zip

00757

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12200.00

Current Approval Amount

12200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119281

Servicing Lender Name

Oriental Bank

Servicing Lender Address

254 Ave Mu<td,n>oz Rivera, Esq. Ave Chardon Hato Rey

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918-1900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SANTA ISABEL

Project County Name

SANTA ISABEL

Project State

PR

Project Zip

00757-0001

CD

PR-

Jobs Reported

2

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12200.00

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

119281

Originating Lender

Oriental Bank

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12307.77

Forgiveness Date

03/16/2021

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