PPP Loan information for R.c. chance inc

$183,050

R.c. chance inc was initially approved for PPP Loan of amount $183,050, the current approved amount is $183,050. The loan was approved on 01/25/2021 by The Independent Bank reported 28 jobs and $183,050 was used to fund payroll.

R.c. chance inc is Existing or more than 2 years old

R.C. CHANCE INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

R.C. CHANCE INC

Borrower Address

2609 Johnson Mill Rd

Borrower City

North Branch

Borrower State

MI

Borrower Zip

48461-9752

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183050.00

Current Approval Amount

183050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Branch

Project County Name

LAPEER

Project State

MI

Project Zip

48461-9752

CD

MI-09

Jobs Reported

28

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

183045.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

184373.98

Forgiveness Date

10/27/2021

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