PPP Loan information for R. w. sales corporation

$15,023

R. w. sales corporation was initially approved for PPP Loan of amount $15,023, the current approved amount is $15,023. The loan was approved on 04/28/2020 by The United Bank of Michigan reported 2 jobs and $15,023 was used to fund payroll.

R. w. sales corporation is Existing or more than 2 years old

R. W. SALES CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R. W. SALES CORPORATION

Borrower Address

6090 ALDEN NASH SE

Borrower City

ALTO

Borrower State

MI

Borrower Zip

49302-9802

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15022.50

Current Approval Amount

15022.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALTO

Project County Name

KENT

Project State

MI

Project Zip

49302-9802

CD

MI-03

Jobs Reported

2

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11947.50

Mortgage Interest Proceed

0.00

Rent Proceed

625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2450.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15130.58

Forgiveness Date

01/25/2021

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