Date Approved
05/26/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
RASHEED FINANCIAL MANAGEMENT INC.
Borrower Address
3944 Winterset Ln
Borrower City
West Bloomfield
Borrower State
MI
Borrower Zip
48323-1863
Loan Status Date
01/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
38440.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
440691
Servicing Lender Name
Metro City Bank
Servicing Lender Address
5114 Buford Hwy
Servicing Lender City
DORAVILLE
Servicing Lender State
GA
Servicing Lender Zip
30340-1105
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
5
NAICS Code
541611
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
38437.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
38646.42
Forgiveness Date
12/28/2021