PPP Loan information for Rab development company

$35,000

Rab development company was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 03/03/2021 by The The Huntington National Bank reported 9 jobs and $35,000 was used to fund payroll.

Rab development company is Existing or more than 2 years old

RAB DEVELOPMENT COMPANY

Date Approved

03/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAB DEVELOPMENT COMPANY

Borrower Address

2 W Michigan Ave

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48197-5437

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-5437

CD

MI-06

Jobs Reported

9

NAICS Code

442299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34994.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35222.47

Forgiveness Date

10/25/2021

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