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
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
Servicing Lender Zip
49546-3676
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
2
NAICS Code
812990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
11947.50
Mortgage Interest Proceed
Rent Proceed
625.00
Refinance EIDL Proceed
Health Care Proceed
2450.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
15130.58
Forgiveness Date
01/25/2021