PPP Loan information for Rapid river knife works inc

$40,939

Rapid river knife works inc was initially approved for PPP Loan of amount $40,939, the current approved amount is $40,939. The loan was approved on 01/29/2021 by The First Bank, Upper Michigan reported 8 jobs and $40,939 was used to fund payroll.

Rapid river knife works inc is Existing or more than 2 years old

PPP Loan Search / MI / Rapid River / Rapid river knife works inc

RAPID RIVER KNIFE WORKS INC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAPID RIVER KNIFE WORKS INC

Borrower Address

10484 U.25 Rd

Borrower City

Rapid River

Borrower State

MI

Borrower Zip

49878-9572

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40939.30

Current Approval Amount

40939.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rapid River

Project County Name

DELTA

Project State

MI

Project Zip

49878-9572

CD

MI-01

Jobs Reported

8

NAICS Code

332215

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40934.30

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

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41385.71

Forgiveness Date

03/09/2022

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