PPP Loan information for Riemco development, inc.

$112,100

Riemco development, inc. was initially approved for PPP Loan of amount $112,100, the current approved amount is $112,100. The loan was approved on 04/27/2020 by The First Merchants Bank reported 9 jobs and $112,100 was used to fund payroll.

Riemco development, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Riemco development, inc.

RIEMCO DEVELOPMENT, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIEMCO DEVELOPMENT, INC.

Borrower Address

107 W. Middle St.

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-1224

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112100.00

Current Approval Amount

112100.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1224

CD

MI-06

Jobs Reported

9

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113107.36

Forgiveness Date

03/25/2021

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