PPP Loan information for Rimar electric

$172,900

Rimar electric was initially approved for PPP Loan of amount $172,900, the current approved amount is $172,900. The loan was approved on 04/07/2020 by The Traditional Bank, Inc. reported 12 jobs and $172,900 was used to fund payroll.

Rimar electric is Existing or more than 2 years old

RIMAR ELECTRIC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RIMAR ELECTRIC

Borrower Address

35 PENDLETON ST

Borrower City

WINCHESTER

Borrower State

KY

Borrower Zip

40391-1537

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172900.00

Current Approval Amount

172900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

CLARK

Project State

KY

Project Zip

40391-1537

CD

KY-06

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172900.00

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

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175159.54

Forgiveness Date

08/09/2021

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