Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
R & C ENTERPRISES, INC.
Borrower Address
201 SAGINAW RD
Borrower City
SANFORD
Borrower State
MI
Borrower Zip
48657-9764
Loan Status Date
03/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
77000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
378002
Servicing Lender Name
1st State Bank
Servicing Lender Address
4800 Fashion Square Blvd, Ste 100
Servicing Lender City
SAGINAW
Servicing Lender State
Servicing Lender Zip
48604-2619
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDLAND
Project State
Project Zip
CD
MI-04
Jobs Reported
22
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
7200.00
Payroll Proceed
61500.00
Mortgage Interest Proceed
Rent Proceed
8000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
300
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
77656.64
Forgiveness Date
03/11/2021