PPP Loan information for Rapson refrigeration, inc.

$86,577

Rapson refrigeration, inc. was initially approved for PPP Loan of amount $86,577, the current approved amount is $86,577. The loan was approved on 04/07/2020 by The Thumb Bank & Trust reported 8 jobs and $86,577 was used to fund payroll.

Rapson refrigeration, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BAD AXE / Rapson refrigeration, inc.

RAPSON REFRIGERATION, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAPSON REFRIGERATION, INC.

Borrower Address

309 S. HANSELMAN ST.

Borrower City

BAD AXE

Borrower State

MI

Borrower Zip

48413-1444

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86577.00

Current Approval Amount

86577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAD AXE

Project County Name

HURON

Project State

MI

Project Zip

48413-1444

CD

MI-09

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2127.00

Payroll Proceed

77850.00

Mortgage Interest Proceed

0.00

Rent Proceed

6600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87020.56

Forgiveness Date

10/20/2020

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