PPP Loan information for Rpm freight systems llc

$2,000,000

Rpm freight systems llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The CIBC Bank USA reported 142 jobs and $2,000,000 was used to fund payroll.

Rpm freight systems llc is Existing or more than 2 years old

PPP Loan Search / MI / Royal Oak / Rpm freight systems llc

RPM FREIGHT SYSTEMS LLC

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RPM FREIGHT SYSTEMS LLC

Borrower Address

301 W 4th St Ste 200

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48067-2567

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Royal Oak

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-2567

CD

MI-11

Jobs Reported

142

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024109.59

Forgiveness Date

05/05/2022

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