PPP Loan information for Rmc engine rebuilding equip

$103,080

Rmc engine rebuilding equip was initially approved for PPP Loan of amount $103,080, the current approved amount is $103,080. The loan was approved on 02/02/2021 by The Loan Source Incorporated reported 10 jobs and $103,080 was used to fund payroll.

Rmc engine rebuilding equip is Existing or more than 2 years old

RMC ENGINE REBUILDING EQUIP

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RMC ENGINE REBUILDING EQUIP

Borrower Address

5775 Bridgeview Ctr

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48604-1183

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103080.00

Current Approval Amount

103080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48604-1183

CD

MI-08

Jobs Reported

10

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

103077.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103944.18

Forgiveness Date

12/14/2021

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