PPP Loan information for R & b espresso llc

$89,400

R & b espresso llc was initially approved for PPP Loan of amount $89,400, the current approved amount is $89,400. The loan was approved on 04/13/2020 by The Homestead Savings Bank reported 42 jobs and $89,400 was used to fund payroll.

R & b espresso llc is Existing or more than 2 years old

R & B ESPRESSO LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R & B ESPRESSO LLC

Borrower Address

217 E. Michigan Ave.

Borrower City

ALBION

Borrower State

MI

Borrower Zip

49224-1737

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89400.00

Current Approval Amount

89400.00

Undisbursed Amount

0.00

Franchise Name

Biggby Coffee

Servicing Lender Location Id

79922

Servicing Lender Name

Homestead Savings Bank

Servicing Lender Address

415 S Superior St

Servicing Lender City

ALBION

Servicing Lender State

MI

Servicing Lender Zip

49224-2174

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBION

Project County Name

CALHOUN

Project State

MI

Project Zip

49224-1737

CD

MI-05

Jobs Reported

42

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

79922

Originating Lender

Homestead Savings Bank

Originating Lender City

ALBION

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89960.89

Forgiveness Date

12/09/2020

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