PPP Loan information for Rave associates, inc

$1,573,400

Rave associates, inc was initially approved for PPP Loan of amount $1,573,400, the current approved amount is $1,573,400. The loan was approved on 04/13/2020 by The Northstar Bank reported 117 jobs and $1,573,400 was used to fund payroll.

Rave associates, inc is Existing or more than 2 years old

PPP Loan Search / MI / ANN ARBOR / Rave associates, inc

RAVE ASSOCIATES, INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAVE ASSOCIATES, INC

Borrower Address

260 METTY DR, STE H

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48103-9154

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1573400.00

Current Approval Amount

1573400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222717

Servicing Lender Name

Northstar Bank

Servicing Lender Address

833 S Van Dyke Rd

Servicing Lender City

Bad Axe

Servicing Lender State

MI

Servicing Lender Zip

48413-9604

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-9154

CD

MI-06

Jobs Reported

117

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1573400.00

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

222717

Originating Lender

Northstar Bank

Originating Lender City

Bad Axe

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1589265.12

Forgiveness Date

04/15/2021

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