PPP Loan information for Reaction industries llc

$16,600

Reaction industries llc was initially approved for PPP Loan of amount $16,600, the current approved amount is $16,600. The loan was approved on 06/01/2020 by The Homestead Savings Bank reported 1 jobs and $16,600 was used to fund payroll.

Reaction industries llc is Existing or more than 2 years old

PPP Loan Search / MI / ALBION / Reaction industries llc

REACTION INDUSTRIES LLC

Date Approved

06/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REACTION INDUSTRIES LLC

Borrower Address

16000 E Michigan Ave

Borrower City

ALBION

Borrower State

MI

Borrower Zip

49224-9193

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16600.00

Current Approval Amount

16600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79922

Servicing Lender Name

Homestead Savings Bank

Servicing Lender Address

415 S Superior St

Servicing Lender City

ALBION

Servicing Lender State

MI

Servicing Lender Zip

49224-2174

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBION

Project County Name

CALHOUN

Project State

MI

Project Zip

49224-9193

CD

MI-05

Jobs Reported

1

NAICS Code

326150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16600.00

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

79922

Originating Lender

Homestead Savings Bank

Originating Lender City

ALBION

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16732.35

Forgiveness Date

03/23/2021

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