PPP Loan information for Rcaa development llc

$316,900

Rcaa development llc was initially approved for PPP Loan of amount $316,900, the current approved amount is $316,900. The loan was approved on 04/11/2020 by The Old National Bank reported 48 jobs and $316,900 was used to fund payroll.

Rcaa development llc is Existing or more than 2 years old

RCAA DEVELOPMENT LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RCAA DEVELOPMENT LLC

Borrower Address

220 Lyon St NW, Suite 100

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-2189

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316900.00

Current Approval Amount

316900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

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

49503-2189

CD

MI-03

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316900.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

318966.36

Forgiveness Date

12/21/2020

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