PPP Loan information for R. m. young company

$802,477

R. m. young company was initially approved for PPP Loan of amount $802,477, the current approved amount is $802,477. The loan was approved on 04/29/2020 by The Honor Bank reported 35 jobs and $802,477 was used to fund payroll.

R. m. young company is Unanswered

PPP Loan Search / MI / TRAVERSE CITY / R. m. young company

R. M. YOUNG COMPANY

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R. M. YOUNG COMPANY

Borrower Address

2801 AERO PARK DR

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-8494

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

802477.00

Current Approval Amount

802477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-8494

CD

MI-01

Jobs Reported

35

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7900.00

Payroll Proceed

725262.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43315.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

810635.52

Forgiveness Date

05/06/2021

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