PPP Loan information for Rima manufacturing company

$1,800,000

Rima manufacturing company was initially approved for PPP Loan of amount $1,800,000, the current approved amount is $1,800,000. The loan was approved on 01/19/2021 by The County National Bank reported 148 jobs and $1,800,000 was used to fund payroll.

Rima manufacturing company is Existing or more than 2 years old

RIMA MANUFACTURING COMPANY

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RIMA MANUFACTURING COMPANY

Borrower Address

3850 Munson Hwy

Borrower City

Hudson

Borrower State

MI

Borrower Zip

49247-9804

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1800000.00

Current Approval Amount

1800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudson

Project County Name

LENAWEE

Project State

MI

Project Zip

49247-9804

CD

MI-05

Jobs Reported

148

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1800000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1814000.00

Forgiveness Date

11/10/2021

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