PPP Loan information for Ric's food center - mt. pleasant ltd.

$346,200

Ric's food center - mt. pleasant ltd. was initially approved for PPP Loan of amount $346,200, the current approved amount is $346,200. The loan was approved on 04/08/2020 by The Isabella Bank reported 66 jobs and $346,200 was used to fund payroll.

Ric's food center - mt. pleasant ltd. is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Ric's food center - mt. pleasant ltd.

RIC'S FOOD CENTER - MT. PLEASANT LTD.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIC'S FOOD CENTER - MT. PLEASANT LTD.

Borrower Address

705 S. Mission St.

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-2765

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346200.00

Current Approval Amount

346200.00

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

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-2765

CD

MI-02

Jobs Reported

66

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22000.00

Payroll Proceed

269200.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

350487.19

Forgiveness Date

07/14/2021

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