PPP Loan information for Rasch family orchards llc

$325,854

Rasch family orchards llc was initially approved for PPP Loan of amount $325,854, the current approved amount is $325,854. The loan was approved on 04/15/2020 by The ChoiceOne Bank reported 19 jobs and $325,854 was used to fund payroll.

Rasch family orchards llc is Existing or more than 2 years old

RASCH FAMILY ORCHARDS LLC

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

325854.00

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

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49544-9722

CD

MI-03

Jobs Reported

19

NAICS Code

111331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

325854.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

328291.21

Forgiveness Date

01/25/2021

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