Ricmar Electric, Inc.

$218,142 PPP Loan in North Tonawanda, New York

Loan Details

Loan Number
7929597106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$218,142
Current Approval
$218,142
Forgiveness Amount
$219,696
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ricmar Electric, Inc.
Address
7293 Schultz Road
ZIP Code
14120
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$175,114
Rent
$20,000
Utilities
$2,500
Health Care
$17,000
Debt Interest
$3,528

Lender Information

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

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