PPP Loan information for Rai restoration llc

$102,500

Rai restoration llc was initially approved for PPP Loan of amount $102,500, the current approved amount is $102,500. The loan was approved on 04/15/2020 by The Commercial Bank reported 16 jobs and $102,500 was used to fund payroll.

Rai restoration llc is New Business or 2 years or less

PPP Loan Search / MI / MASON / Rai restoration llc

RAI RESTORATION LLC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAI RESTORATION LLC

Borrower Address

213 EAST ST

Borrower City

MASON

Borrower State

MI

Borrower Zip

48854-1110

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MASON

Project County Name

INGHAM

Project State

MI

Project Zip

48854-1110

CD

MI-07

Jobs Reported

16

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103654.18

Forgiveness Date

06/10/2021

;