PPP Loan information for R & g enterprises inc

$87,480

R & g enterprises inc was initially approved for PPP Loan of amount $87,480, the current approved amount is $87,480. The loan was approved on 04/14/2020 by The First Bank, Upper Michigan reported 15 jobs and $87,480 was used to fund payroll.

R & g enterprises inc is Existing or more than 2 years old

R & G ENTERPRISES INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R & G ENTERPRISES INC

Borrower Address

727 RIVERSIDE PLZ

Borrower City

IRON RIVER

Borrower State

MI

Borrower Zip

49935-1525

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87480.07

Current Approval Amount

87480.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRON RIVER

Project County Name

IRON

Project State

MI

Project Zip

49935-1525

CD

MI-01

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87480.07

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

Corporation

Originating Lender Location Id

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87961.81

Forgiveness Date

11/05/2020

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