PPP Loan information for Rathco safety supply, inc.

$298,364

Rathco safety supply, inc. was initially approved for PPP Loan of amount $298,364, the current approved amount is $298,364. The loan was approved on 04/08/2020 by The Horizon Bank reported 22 jobs and $298,364 was used to fund payroll.

Rathco safety supply, inc. is Existing or more than 2 years old

RATHCO SAFETY SUPPLY, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RATHCO SAFETY SUPPLY, INC.

Borrower Address

6742 Lovers Lane

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-3669

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298364.00

Current Approval Amount

298364.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-3669

CD

MI-06

Jobs Reported

22

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19890.94

Payroll Proceed

238691.20

Mortgage Interest Proceed

19890.93

Rent Proceed

19890.93

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

300072.44

Forgiveness Date

11/25/2020

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