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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
107398.87
Forgiveness Date
07/27/2021