R & D Electronics INC

$621,683 PPP Loan in Brownsboro, Alabama

Loan Details

Loan Number
9610747710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$621,683
Current Approval
$621,683
Forgiveness Amount
$625,158
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
R & D Electronics INC
Address
5501 Hwy 431 S
State
Alabama
ZIP Code
35741-9772
Business Type
Corporation
Industry (NAICS)
Manufacturing (331222)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$20.2M
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$621,683

Lender Information

Servicing Lender
Synovus Bank
Originating Lender
Synovus Bank

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