PPP Loan information for Rapid river log homes inc

$20,833

Rapid river log homes inc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/09/2021 by The Baybank reported 12 jobs and $20,833 was used to fund payroll.

Rapid river log homes inc is Existing or more than 2 years old

PPP Loan Search / MI / Rapid River / Rapid river log homes inc

RAPID RIVER LOG HOMES INC

Date Approved

04/09/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAPID RIVER LOG HOMES INC

Borrower Address

9125 US Highway 2

Borrower City

Rapid River

Borrower State

MI

Borrower Zip

49878-9498

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34949

Servicing Lender Name

Baybank

Servicing Lender Address

104 S 10th St

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1528

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

49878-9498

CD

MI-01

Jobs Reported

12

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20832.33

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

34949

Originating Lender

Baybank

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21041.66

Forgiveness Date

04/18/2022

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