PPP Loan information for Rassey industries, inc.

$236,800

Rassey industries, inc. was initially approved for PPP Loan of amount $236,800, the current approved amount is $236,800. The loan was approved on 04/28/2020 by The Comerica Bank reported 21 jobs and $236,800 was used to fund payroll.

Rassey industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Shelby Township / Rassey industries, inc.

RASSEY INDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RASSEY INDUSTRIES, INC.

Borrower Address

50375 Central Industrial Dr

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48315-3114

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236800.00

Current Approval Amount

236800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-3114

CD

MI-10

Jobs Reported

21

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

189466.00

Mortgage Interest Proceed

47334.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240062.58

Forgiveness Date

09/09/2021

;