PPP Loan information for Raves construction & demolition, inc

$230,000

Raves construction & demolition, inc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 23 jobs and $230,000 was used to fund payroll.

Raves construction & demolition, inc is Existing or more than 2 years old

RAVES CONSTRUCTION & DEMOLITION, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAVES CONSTRUCTION & DEMOLITION, INC

Borrower Address

1704 E Highland Rd

Borrower City

Highland

Borrower State

MI

Borrower Zip

48356

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Highland

Project County Name

OAKLAND

Project State

MI

Project Zip

48356-0899

CD

MI-09

Jobs Reported

23

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

Subchapter S Corporation

Originating Lender Location Id

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232432.33

Forgiveness Date

05/27/2021

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