PPP Loan information for Rack processing michigan llc

$296,000

Rack processing michigan llc was initially approved for PPP Loan of amount $296,000, the current approved amount is $296,000. The loan was approved on 04/08/2020 by The First Financial Bank reported 31 jobs and $296,000 was used to fund payroll.

Rack processing michigan llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Rack processing michigan llc

RACK PROCESSING MICHIGAN LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RACK PROCESSING MICHIGAN LLC

Borrower Address

3513 LOUSMA DR

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548-2263

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296000.00

Current Approval Amount

296000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57811

Servicing Lender Name

First Financial Bank

Servicing Lender Address

255 E Fifth St Ste 700

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-4700

Rural Urban Indicator

U

Hubzone Indicator

N

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

49548-2263

CD

MI-03

Jobs Reported

31

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

296000.00

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

57811

Originating Lender

First Financial Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298067.95

Forgiveness Date

12/22/2020

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