The Radec Electric Corporation

$1,101,900 PPP Loan in Rochester, New York

Loan Details

Loan Number
5803557002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,101,900
Current Approval
$1,101,900
Forgiveness Amount
$1,109,476
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Radec Electric Corporation
Address
100 Rockwood Street
ZIP Code
14610-2661
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$27.3M
Rural/Urban
Urban
Congressional District
NY-25

Loan Use Breakdown

Payroll
$1,101,900

Lender Information

Servicing Lender
The Canandaigua National Bank and Trust Company
Originating Lender
The Canandaigua National Bank and Trust Company

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