PPP Loan information for Rank trucking and repairs inc

$49,300

Rank trucking and repairs inc was initially approved for PPP Loan of amount $49,300, the current approved amount is $49,300. The loan was approved on 02/13/2021 by The 1st Source Bank reported 6 jobs and $49,300 was used to fund payroll.

Rank trucking and repairs inc is Existing or more than 2 years old

RANK TRUCKING AND REPAIRS INC

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RANK TRUCKING AND REPAIRS INC

Borrower Address

53356 Rudy Rd

Borrower City

Dowagiac

Borrower State

MI

Borrower Zip

49047-9654

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49300.00

Current Approval Amount

49300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dowagiac

Project County Name

CASS

Project State

MI

Project Zip

49047-9654

CD

MI-06

Jobs Reported

6

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49298.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49560.19

Forgiveness Date

08/30/2021

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