PPP Loan information for Rapids tool & engineering

$91,415

Rapids tool & engineering was initially approved for PPP Loan of amount $91,415, the current approved amount is $91,415. The loan was approved on 01/16/2021 by The Eaton Community Bank reported 7 jobs and $91,415 was used to fund payroll.

Rapids tool & engineering is Existing or more than 2 years old

PPP Loan Search / MI / Eaton Rapids / Rapids tool & engineering

RAPIDS TOOL & ENGINEERING

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAPIDS TOOL & ENGINEERING

Borrower Address

10618 Petrieville Hwy

Borrower City

Eaton Rapids

Borrower State

MI

Borrower Zip

48827-9205

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91415.00

Current Approval Amount

91415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84362

Servicing Lender Name

Eaton Community Bank

Servicing Lender Address

236 S Cochran Ave

Servicing Lender City

CHARLOTTE

Servicing Lender State

MI

Servicing Lender Zip

48813-1551

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eaton Rapids

Project County Name

EATON

Project State

MI

Project Zip

48827-9205

CD

MI-07

Jobs Reported

7

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

91412.00

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

Sole Proprietorship

Originating Lender Location Id

84362

Originating Lender

Eaton Community Bank

Originating Lender City

CHARLOTTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91870.82

Forgiveness Date

07/28/2021

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