PPP Loan information for R & b electric inc.

$81,250

R & b electric inc. was initially approved for PPP Loan of amount $81,250, the current approved amount is $81,250. The loan was approved on 01/25/2021 by The The Huntington National Bank reported 8 jobs and $81,250 was used to fund payroll.

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

PPP Loan Search / MI / Springfield / R & b electric inc.

R & B ELECTRIC INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

R & B ELECTRIC INC.

Borrower Address

4545 W Dickman Rd

Borrower City

Springfield

Borrower State

MI

Borrower Zip

49037-7328

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81250.00

Current Approval Amount

81250.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

CALHOUN

Project State

MI

Project Zip

49037-7328

CD

MI-04

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81250.00

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

Partnership

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

82387.50

Forgiveness Date

07/05/2022

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