PPP Loan information for Rancilio and associates

$446,500

Rancilio and associates was initially approved for PPP Loan of amount $446,500, the current approved amount is $446,500. The loan was approved on 04/07/2020 by The The Huntington National Bank reported 54 jobs and $446,500 was used to fund payroll.

Rancilio and associates is Existing or more than 2 years old

RANCILIO AND ASSOCIATES

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RANCILIO AND ASSOCIATES

Borrower Address

15655 E 11 Mile Rd

Borrower City

ROSEVILLE

Borrower State

MI

Borrower Zip

48066-2764

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446500.00

Current Approval Amount

446500.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROSEVILLE

Project County Name

MACOMB

Project State

MI

Project Zip

48066-2764

CD

MI-10

Jobs Reported

54

NAICS Code

541199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

446500.00

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

Subchapter S 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

449545.99

Forgiveness Date

01/11/2021

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