PPP Loan information for Rycaco inc.

$440,968

Rycaco inc. was initially approved for PPP Loan of amount $314,977, the current approved amount is $440,968. The loan was approved on 01/23/2021 by The The Huntington National Bank reported 44 jobs and $440,968 was used to fund payroll.

Rycaco inc. is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Rycaco inc.

RYCACO INC.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RYCACO INC.

Borrower Address

29410 Northwestern Hwy

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48034-5717

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

314977.00

Current Approval Amount

440968.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-5717

CD

MI-12

Jobs Reported

44

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

440965.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

445220.62

Forgiveness Date

01/21/2022

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