PPP Loan information for Rancilio & associates

$428,815

Rancilio & associates was initially approved for PPP Loan of amount $428,815, the current approved amount is $428,815. The loan was approved on 04/30/2021 by The The Huntington National Bank reported 40 jobs and $428,815 was used to fund payroll.

Rancilio & associates is Existing or more than 2 years old

RANCILIO & ASSOCIATES

Date Approved

04/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RANCILIO & ASSOCIATES

Borrower Address

15655 E 11 Mile Rd

Borrower City

Roseville

Borrower State

MI

Borrower Zip

48066-2764

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

428815.00

Current Approval Amount

428815.00

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

40

NAICS Code

561612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

428813.00

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

430659.49

Forgiveness Date

10/06/2021

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