PPP Loan information for R & l sports inc.

$139,769

R & l sports inc. was initially approved for PPP Loan of amount $139,769, the current approved amount is $139,769. The loan was approved on 02/08/2021 by The Isabella Bank reported 20 jobs and $139,769 was used to fund payroll.

R & l sports inc. is Existing or more than 2 years old

R & L SPORTS INC.

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

R & L SPORTS INC.

Borrower Address

1700 W High St

Borrower City

Mount Pleasant

Borrower State

MI

Borrower Zip

48858-3030

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139769.00

Current Approval Amount

139769.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-3030

CD

MI-02

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

139764.00

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

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

141365.81

Forgiveness Date

04/06/2022

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