Railroad Construction Company Inc.
$6,672,435 PPP Loan in Paterson, New Jersey
Loan Details
- Loan Number
- 7810367110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $6,672,435
- Current Approval
- $6,672,435
- Forgiveness Amount
- $6,759,085
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Railroad Construction Company Inc.
- Address
- 75-77 Grove Street
- City
- Paterson
- State
- New Jersey
- ZIP Code
- 07503
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (237990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 295
- Estimated Revenue
- $91.4M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $5,796,283
- Rent
- $95,332
- Utilities
- $35,000
- Health Care
- $710,000
- Mortgage Interest
- $18,820
- Debt Interest
- $17,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Paterson, NJ
| Business | Approved | |
|---|---|---|
| Wilkstone, LLC | $4,477,500 | |
| Straight and Narrow INC | $3,420,861 | |
| Beach Electric Company INC | $2,534,330 | |
| Liberty Elevator Corporation | $2,377,127 | |
| Prime Time Construction | $2,312,044 |
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