PPP Loan information for Rich's cadillac truck service, inc.

$285,437

Rich's cadillac truck service, inc. was initially approved for PPP Loan of amount $285,437, the current approved amount is $285,437. The loan was approved on 04/09/2020 by The Mercantile Bank reported 31 jobs and $285,437 was used to fund payroll.

Rich's cadillac truck service, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CADILLAC / Rich's cadillac truck service, inc.

RICH'S CADILLAC TRUCK SERVICE, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RICH'S CADILLAC TRUCK SERVICE, INC.

Borrower Address

4675 S 39 1/2 Rd

Borrower City

CADILLAC

Borrower State

MI

Borrower Zip

49601-9636

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285437.00

Current Approval Amount

285437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CADILLAC

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-9636

CD

MI-04

Jobs Reported

31

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4600.00

Payroll Proceed

245259.00

Mortgage Interest Proceed

19250.00

Rent Proceed

13400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2400.00

Debt Interest Proceed

528

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

288909.17

Forgiveness Date

07/06/2021

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