PPP Loan information for Rcaa development llc

$440,288

Rcaa development llc was initially approved for PPP Loan of amount $440,288, the current approved amount is $440,288. The loan was approved on 02/12/2021 by The Old National Bank reported 46 jobs and $440,288 was used to fund payroll.

Rcaa development llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Rcaa development llc

RCAA DEVELOPMENT LLC

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RCAA DEVELOPMENT LLC

Borrower Address

220 Lyon St NW Ste 100

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49503-2189

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

440287.61

Current Approval Amount

440287.61

Undisbursed Amount

0.00

Franchise Name

Ruth's Chris Steak House

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

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

440285.61

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

442748.40

Forgiveness Date

09/09/2021

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