PPP Loan information for Michael rae inc

$38,300

Michael rae inc was initially approved for PPP Loan of amount $38,300, the current approved amount is $38,300. The loan was approved on 05/13/2020 by The Chippewa Valley Bank reported 12 jobs and $38,300 was used to fund payroll.

Michael rae inc is Existing or more than 2 years old

PPP Loan Search / WI / SOLON SPRINGS / Michael rae inc

MICHAEL RAE INC

Date Approved

05/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MICHAEL RAE INC

Borrower Address

8888 E COUNTY ROAD A

Borrower City

SOLON SPRINGS

Borrower State

WI

Borrower Zip

54873-8136

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38299.92

Current Approval Amount

38299.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77046

Servicing Lender Name

Chippewa Valley Bank

Servicing Lender Address

15755 W County Hwy B

Servicing Lender City

HAYWARD

Servicing Lender State

WI

Servicing Lender Zip

54843-2690

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON SPRINGS

Project County Name

DOUGLAS

Project State

WI

Project Zip

54873-8136

CD

WI-07

Jobs Reported

12

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38299.92

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

Limited Liability Company(LLC)

Originating Lender Location Id

77046

Originating Lender

Chippewa Valley Bank

Originating Lender City

HAYWARD

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38521.21

Forgiveness Date

12/09/2020

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