PPP Loan information for Rimeco products, inc.

$702,500

Rimeco products, inc. was initially approved for PPP Loan of amount $702,500, the current approved amount is $702,500. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 58 jobs and $702,500 was used to fund payroll.

Rimeco products, inc. is New Business or 2 years or less

RIMECO PRODUCTS, INC.

Date Approved

04/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RIMECO PRODUCTS, INC.

Borrower Address

2002 JOSEPH LLOYD PKWY

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702500.00

Current Approval Amount

702500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-2900

CD

OH-14

Jobs Reported

58

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

702500.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

711671.53

Forgiveness Date

08/12/2021

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