PPP Loan information for Rap-rustic, l.l.c.

$62,200

Rap-rustic, l.l.c. was initially approved for PPP Loan of amount $62,200, the current approved amount is $62,200. The loan was approved on 04/04/2020 by The 1st State Bank reported 10 jobs and $62,200 was used to fund payroll.

Rap-rustic, l.l.c. is Existing or more than 2 years old

RAP-RUSTIC, L.L.C.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAP-RUSTIC, L.L.C.

Borrower Address

133 N Saginaw

Borrower City

SAINT CHARLES

Borrower State

MI

Borrower Zip

48655-1445

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62200.00

Current Approval Amount

62200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

SAGINAW

Project State

MI

Project Zip

48655-1445

CD

MI-04

Jobs Reported

10

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3100.00

Payroll Proceed

58400.00

Mortgage Interest Proceed

700.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62718.33

Forgiveness Date

02/09/2021

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