PPP Loan information for Rayne construction

$20,000

Rayne construction was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 06/28/2020 by The MBE Capital Partners reported 1 jobs and $20,000 was used to fund payroll.

Rayne construction is Existing or more than 2 years old

RAYNE CONSTRUCTION

Date Approved

06/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAYNE CONSTRUCTION

Borrower Address

6521 heritage , West Bloomfield , Michigan , 48322

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48322

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-0899

CD

MI-11

Jobs Reported

1

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20290.00

Forgiveness Date

01/04/2022

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