PPP Loan information for Robaire inc

$81,565

Robaire inc was initially approved for PPP Loan of amount $81,565, the current approved amount is $81,565. The loan was approved on 04/28/2020 by The Mercantile Bank reported 30 jobs and $81,565 was used to fund payroll.

Robaire inc is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Robaire inc

ROBAIRE INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROBAIRE INC

Borrower Address

1903 S Mission St

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-4422

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81565.00

Current Approval Amount

81565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-4422

CD

MI-02

Jobs Reported

30

NAICS Code

445299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3922.76

Payroll Proceed

70784.74

Mortgage Interest Proceed

0.00

Rent Proceed

6857.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82275.62

Forgiveness Date

03/16/2021

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