Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
R.A. MACRAE FRANKFORT INC.
Borrower Address
401 Main Street
Borrower City
FRANKFORT
Borrower State
MI
Borrower Zip
49635-9142
Loan Status Date
03/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
84700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
34939
Servicing Lender Name
State Savings Bank
Servicing Lender Address
703 Main St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
49635-9030
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
BENZIE
Project State
Project Zip
CD
MI-01
Jobs Reported
25
NAICS Code
446110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
7675.00
Payroll Proceed
63525.00
Mortgage Interest Proceed
Rent Proceed
13500.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
85338.15
Forgiveness Date
02/04/2021