PPP Loan information for Rail components, inc.

$202,300

Rail components, inc. was initially approved for PPP Loan of amount $202,300, the current approved amount is $202,300. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 18 jobs and $202,300 was used to fund payroll.

Rail components, inc. is Existing or more than 2 years old

RAIL COMPONENTS, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAIL COMPONENTS, INC.

Borrower Address

1674 S GETTY ST

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49442-5857

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202300.00

Current Approval Amount

202300.00

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

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49442-5857

CD

MI-02

Jobs Reported

18

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202300.00

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

181526.91

Forgiveness Date

05/06/2021

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