PPP Loan information for Rival insulation, llc

$944,300

Rival insulation, llc was initially approved for PPP Loan of amount $944,300, the current approved amount is $944,300. The loan was approved on 04/06/2020 by The Oxford Bank reported 39 jobs and $944,300 was used to fund payroll.

Rival insulation, llc is Existing or more than 2 years old

RIVAL INSULATION, LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIVAL INSULATION, LLC

Borrower Address

840 HILTON RD

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-2505

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

944300.00

Current Approval Amount

944300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2505

CD

MI-11

Jobs Reported

39

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1448.00

Payroll Proceed

938352.00

Mortgage Interest Proceed

4500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

954792.22

Forgiveness Date

05/21/2021

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