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
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

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