PPP Loan information for Rex's frame & axle, inc.

$13,000

Rex's frame & axle, inc. was initially approved for PPP Loan of amount $13,000, the current approved amount is $13,000. The loan was approved on 04/07/2020 by The Isabella Bank reported 2 jobs and $13,000 was used to fund payroll.

Rex's frame & axle, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WHEELER / Rex's frame & axle, inc.

REX'S FRAME & AXLE, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REX'S FRAME & AXLE, INC.

Borrower Address

8489 MONROE RD

Borrower City

WHEELER

Borrower State

MI

Borrower Zip

48662-9759

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13000.00

Current Approval Amount

13000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHEELER

Project County Name

GRATIOT

Project State

MI

Project Zip

48662-9759

CD

MI-04

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

13072.30

Forgiveness Date

11/05/2020

;