PPP Loan information for Residential alternatives, inc.

$250,000

Residential alternatives, inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 08/04/2020 by The JPMorgan Chase Bank, National Association reported 27 jobs and $250,000 was used to fund payroll.

Residential alternatives, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLY / Residential alternatives, inc.

RESIDENTIAL ALTERNATIVES, INC.

Date Approved

08/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RESIDENTIAL ALTERNATIVES, INC.

Borrower Address

14087 PLACID DR

Borrower City

HOLLY

Borrower State

MI

Borrower Zip

48442

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLY

Project County Name

OAKLAND

Project State

MI

Project Zip

48442-0001

CD

MI-08

Jobs Reported

27

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252055.28

Forgiveness Date

06/04/2021

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