PPP Loan information for Rmc engine rebuilding equip

$87,708

Rmc engine rebuilding equip was initially approved for PPP Loan of amount $144,367, the current approved amount is $87,708. The loan was approved on 04/11/2020 by The The State Bank reported 10 jobs and $87,708 was used to fund payroll.

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

PPP Loan Search / MI / SAGINAW / Rmc engine rebuilding equip

RMC ENGINE REBUILDING EQUIP

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RMC ENGINE REBUILDING EQUIP

Borrower Address

5775 BRIDGEVIEW CTR

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48604-1183

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144367.00

Current Approval Amount

87708.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

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

333318

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87708.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88231.85

Forgiveness Date

11/27/2020

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