Date Approved
02/26/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
RCFC OF MICHIGAN INC.
Borrower Address
3425 Lake Eastbrook Blvd SE
Borrower City
Grand Rapids
Borrower State
MI
Borrower Zip
49546-5935
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
334600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122493
Servicing Lender Name
Macatawa Bank
Servicing Lender Address
10753 Macatawa Dr
Servicing Lender City
HOLLAND
Servicing Lender State
Servicing Lender Zip
49424-9572
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
15
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
334595.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
336662.60
Forgiveness Date
10/20/2021