Radio Design Labs, Inc.

$564,500 PPP Loan in Prescott, Arizona

Loan Details

Loan Number
2080477701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$564,500
Current Approval
$564,500
Forgiveness Amount
$458,366
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Radio Design Labs, Inc.
Address
659 6th St
State
Arizona
ZIP Code
86301
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334220)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
AZ-02

Loan Use Breakdown

Payroll
$465,000
Rent
$26,000
Utilities
$30,200
Health Care
$42,000
Debt Interest
$1,300

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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