PPP Loan information for Reliable automation inc.

$472,000

Reliable automation inc. was initially approved for PPP Loan of amount $472,000, the current approved amount is $472,000. The loan was approved on 04/05/2020 by The Grand River Bank reported 32 jobs and $472,000 was used to fund payroll.

Reliable automation inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grandville / Reliable automation inc.

RELIABLE AUTOMATION INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RELIABLE AUTOMATION INC.

Borrower Address

3434 Busch Drive

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-1098

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472000.00

Current Approval Amount

472000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-1098

CD

MI-02

Jobs Reported

32

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

472000.00

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

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

475232.88

Forgiveness Date

12/22/2020

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