PPP Loan information for R & b edm, inc.

$50,600

R & b edm, inc. was initially approved for PPP Loan of amount $50,600, the current approved amount is $50,600. The loan was approved on 04/14/2020 by The ELGA CU reported 4 jobs and $50,600 was used to fund payroll.

R & b edm, inc. is Existing or more than 2 years old

R & B EDM, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R & B EDM, INC.

Borrower Address

1065 Grandt St

Borrower City

FENTON

Borrower State

MI

Borrower Zip

48430-1794

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50600.00

Current Approval Amount

50600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

GENESEE

Project State

MI

Project Zip

48430-1794

CD

MI-07

Jobs Reported

4

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50600.00

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

Subchapter S Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51013.23

Forgiveness Date

02/10/2021

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