PPP Loan information for Rex carriers, inc.

$350,772

Rex carriers, inc. was initially approved for PPP Loan of amount $350,772, the current approved amount is $350,772. The loan was approved on 04/28/2020 by The Mi Bank reported 23 jobs and $350,772 was used to fund payroll.

Rex carriers, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ROMULUS / Rex carriers, inc.

REX CARRIERS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REX CARRIERS, INC.

Borrower Address

28340 Wick Road

Borrower City

ROMULUS

Borrower State

MI

Borrower Zip

48174-2639

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350772.00

Current Approval Amount

350772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525601

Servicing Lender Name

Mi Bank

Servicing Lender Address

3707 W Maple

Servicing Lender City

BLOOMFIELD HILLS

Servicing Lender State

MI

Servicing Lender Zip

48301

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROMULUS

Project County Name

WAYNE

Project State

MI

Project Zip

48174-2639

CD

MI-13

Jobs Reported

23

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

340622.00

Mortgage Interest Proceed

0.00

Rent Proceed

8150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

525601

Originating Lender

Mi Bank

Originating Lender City

BLOOMFIELD HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353539.74

Forgiveness Date

02/18/2021

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