PPP Loan information for R & r precision inc

$45,000

R & r precision inc was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/15/2020 by The Mercantile Bank reported 5 jobs and $45,000 was used to fund payroll.

R & r precision inc is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / R & r precision inc

R & R PRECISION INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R & R PRECISION INC

Borrower Address

7240 KL AVE

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49009-7993

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-7993

CD

MI-04

Jobs Reported

5

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1240.00

Payroll Proceed

37760.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45372.33

Forgiveness Date

02/17/2021

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