Rad Distribution Inc.

$70,900 PPP Loan in Middletown, New York

Loan Details

Loan Number
1392557205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$70,900
Current Approval
$70,900
Forgiveness Amount
$71,628
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rad Distribution Inc.
Address
180 Carpenter Avenue
ZIP Code
10940
Business Type
Corporation
Industry (NAICS)
Manufacturing (334310)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$32,932
Rent
$30,000
Debt Interest
$7,968

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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