PPP Loan information for R. t. london company

$1,448,500

R. t. london company was initially approved for PPP Loan of amount $1,448,500, the current approved amount is $1,448,500. The loan was approved on 04/03/2020 by The Macatawa Bank reported 121 jobs and $1,448,500 was used to fund payroll.

R. t. london company is Existing or more than 2 years old

R. T. LONDON COMPANY

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R. T. LONDON COMPANY

Borrower Address

1642 BROADWAY AVE NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-2027

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1448500.00

Current Approval Amount

1448500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-2027

CD

MI-03

Jobs Reported

121

NAICS Code

337127

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1448500.00

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

Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1458818.08

Forgiveness Date

12/30/2020

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