Date Approved
03/18/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
RIEMCO DEVELOPMENT INC
Borrower Address
107 W Middle St
Borrower City
Chelsea
Borrower State
MI
Borrower Zip
48118-1224
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
102122.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24037
Servicing Lender Name
First Merchants Bank
Servicing Lender Address
200 E Jackson St
Servicing Lender City
MUNCIE
Servicing Lender State
IN
Servicing Lender Zip
47305-2835
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHTENAW
Project State
Project Zip
CD
MI-06
Jobs Reported
9
NAICS Code
236117
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
102121.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
102513.70
Forgiveness Date
08/09/2021