PPP Loan information for Rx electric inc.

$1,389,793

Rx electric inc. was initially approved for PPP Loan of amount $1,389,793, the current approved amount is $1,389,793. The loan was approved on 04/27/2020 by The Orange Bank & Trust Company reported 95 jobs and $1,389,793 was used to fund payroll.

Rx electric inc. is Existing or more than 2 years old

RX ELECTRIC INC.

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

RX ELECTRIC INC.

Borrower Address

1053 Saw Mill River Road

Borrower City

Yonkers

Borrower State

NY

Borrower Zip

10710

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1389792.50

Current Approval Amount

1389792.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47419

Servicing Lender Name

Orange Bank & Trust Company

Servicing Lender Address

212 Dolson Ave

Servicing Lender City

MIDDLETOWN

Servicing Lender State

NY

Servicing Lender Zip

10940-6541

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yonkers

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10710-0001

CD

NY-16

Jobs Reported

95

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1389792.50

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

47419

Originating Lender

Orange Bank & Trust Company

Originating Lender City

MIDDLETOWN

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1398941.97

Forgiveness Date

12/31/2020

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