PPP Loan information for R.a.x.i. development corporation

$85,600

R.a.x.i. development corporation was initially approved for PPP Loan of amount $85,600, the current approved amount is $85,600. The loan was approved on 04/28/2020 by The Huron Community Bank reported 22 jobs and $85,600 was used to fund payroll.

R.a.x.i. development corporation is Unanswered

PPP Loan Search / MI / DAVISON / R.a.x.i. development corporation

R.A.X.I. DEVELOPMENT CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R.A.X.I. DEVELOPMENT CORPORATION

Borrower Address

10082 LAPEER RD

Borrower City

DAVISON

Borrower State

MI

Borrower Zip

48423-8117

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85600.00

Current Approval Amount

85600.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

34506

Servicing Lender Name

Huron Community Bank

Servicing Lender Address

301 Newman St

Servicing Lender City

EAST TAWAS

Servicing Lender State

MI

Servicing Lender Zip

48730-1213

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

DAVISON

Project County Name

GENESEE

Project State

MI

Project Zip

48423-8117

CD

MI-08

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15408.00

Payroll Proceed

64200.00

Mortgage Interest Proceed

5992.00

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

34506

Originating Lender

Huron Community Bank

Originating Lender City

EAST TAWAS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

86582.02

Forgiveness Date

06/24/2021

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