Date Approved
04/16/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
RAYNARD INC.
Borrower Address
2673 Ashmun Street
Borrower City
SAULT SAINTE MARIE
Borrower State
MI
Borrower Zip
49783-3711
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
50200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
124185
Servicing Lender Name
Old Mission Bank
Servicing Lender Address
2701 I-75 Business Spur
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
49783
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MI-01
Jobs Reported
15
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
37650.00
Mortgage Interest Proceed
12550.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
50556.98
Forgiveness Date
12/30/2020