PPP Loan information for Raymond excavating company

$603,700

Raymond excavating company was initially approved for PPP Loan of amount $603,700, the current approved amount is $603,700. The loan was approved on 01/25/2021 by The Eastern Michigan Bank reported 19 jobs and $603,700 was used to fund payroll.

Raymond excavating company is Existing or more than 2 years old

PPP Loan Search / MI / Marysville / Raymond excavating company

RAYMOND EXCAVATING COMPANY

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAYMOND EXCAVATING COMPANY

Borrower Address

800 Gratiot Blvd

Borrower City

Marysville

Borrower State

MI

Borrower Zip

48040-1127

Loan Status Date

05/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

603700.00

Current Approval Amount

603700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marysville

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48040-1127

CD

MI-09

Jobs Reported

19

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

603699.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

610845.16

Forgiveness Date

04/07/2022

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