PPP Loan information for Rc productions inc.

$841,508

Rc productions inc. was initially approved for PPP Loan of amount $841,508, the current approved amount is $841,508. The loan was approved on 02/24/2021 by The Independent Bank reported 65 jobs and $841,508 was used to fund payroll.

Rc productions inc. is Existing or more than 2 years old

RC PRODUCTIONS INC.

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RC PRODUCTIONS INC.

Borrower Address

3044 Glade St

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49444-2705

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

841508.00

Current Approval Amount

841508.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49444-2705

CD

MI-02

Jobs Reported

65

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

841503.00

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

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

848931.71

Forgiveness Date

01/18/2022

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