PPP Loan information for Rm motorsports inc

$211,800

Rm motorsports inc was initially approved for PPP Loan of amount $211,800, the current approved amount is $211,800. The loan was approved on 04/12/2020 by The Huron Valley State Bank reported 15 jobs and $211,800 was used to fund payroll.

Rm motorsports inc is Existing or more than 2 years old

PPP Loan Search / MI / WIXOM / Rm motorsports inc

RM MOTORSPORTS INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RM MOTORSPORTS INC

Borrower Address

29165 WALL ST

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-3525

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211800.00

Current Approval Amount

211800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435111

Servicing Lender Name

Huron Valley State Bank

Servicing Lender Address

130 S Milford Rd

Servicing Lender City

MILFORD

Servicing Lender State

MI

Servicing Lender Zip

48381-2741

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3525

CD

MI-11

Jobs Reported

15

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

211800.00

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

435111

Originating Lender

Huron Valley State Bank

Originating Lender City

MILFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

214649.15

Forgiveness Date

08/19/2021

;