Date Approved
04/15/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
RASCH FAMILY ORCHARDS LLC
Borrower Address
6191 STAGE AVE NW
Borrower City
GRAND RAPIDS
Borrower State
MI
Borrower Zip
49544-9722
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
325854.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36482
Servicing Lender Name
ChoiceOne Bank
Servicing Lender Address
109 E Division
Servicing Lender City
SPARTA
Servicing Lender State
Servicing Lender Zip
49345-1337
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
19
NAICS Code
111331
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
328291.21
Forgiveness Date
01/25/2021