PPP Loan information for Gail & rice inc

$633,500

Gail & rice inc was initially approved for PPP Loan of amount $633,500, the current approved amount is $633,500. The loan was approved on 04/01/2021 by The PNC Bank, National Association reported 171 jobs and $633,500 was used to fund payroll.

Gail & rice inc is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Gail & rice inc

GAIL & RICE INC

Date Approved

04/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GAIL & RICE INC

Borrower Address

30700 Northwestern Hwy 30700 Northwestern Hwy

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-5416

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

633500.00

Current Approval Amount

633500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-5416

CD

MI-11

Jobs Reported

171

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

633498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

637459.38

Forgiveness Date

11/17/2021

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