PPP Loan information for Regal finishing co inc

$231,022

Regal finishing co inc was initially approved for PPP Loan of amount $231,022, the current approved amount is $231,022. The loan was approved on 01/29/2021 by The Horizon Bank reported 25 jobs and $231,022 was used to fund payroll.

Regal finishing co inc is Existing or more than 2 years old

REGAL FINISHING CO INC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

REGAL FINISHING CO INC

Borrower Address

3927 Bessemer Rd

Borrower City

Coloma

Borrower State

MI

Borrower Zip

49038-8979

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231022.00

Current Approval Amount

231022.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coloma

Project County Name

BERRIEN

Project State

MI

Project Zip

49038-8979

CD

MI-06

Jobs Reported

25

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

231018.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232477.76

Forgiveness Date

09/20/2021

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