PPP Loan information for Richmond instruments and systems inc

$106,900

Richmond instruments and systems inc was initially approved for PPP Loan of amount $106,900, the current approved amount is $106,900. The loan was approved on 02/03/2021 by The Comerica Bank reported 10 jobs and $106,900 was used to fund payroll.

Richmond instruments and systems inc is Existing or more than 2 years old

RICHMOND INSTRUMENTS AND SYSTEMS INC

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RICHMOND INSTRUMENTS AND SYSTEMS INC

Borrower Address

21392 Carlo Dr

Borrower City

Clinton Twp

Borrower State

MI

Borrower Zip

48038-1510

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106900.00

Current Approval Amount

106900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton Twp

Project County Name

MACOMB

Project State

MI

Project Zip

48038-1510

CD

MI-10

Jobs Reported

10

NAICS Code

334516

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106898.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107398.87

Forgiveness Date

07/27/2021

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