PPP Loan information for Rpm petroleum i, inc.

$14,766

Rpm petroleum i, inc. was initially approved for PPP Loan of amount $14,766, the current approved amount is $14,766. The loan was approved on 05/05/2020 by The Mercantile Bank reported 5 jobs and $14,766 was used to fund payroll.

Rpm petroleum i, inc. is Existing or more than 2 years old

RPM PETROLEUM I, INC.

Date Approved

05/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RPM PETROLEUM I, INC.

Borrower Address

2198 W M 43 HWY

Borrower City

HASTINGS

Borrower State

MI

Borrower Zip

49058-8368

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14766.20

Current Approval Amount

14766.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

BARRY

Project State

MI

Project Zip

49058-8368

CD

MI-02

Jobs Reported

5

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1400.00

Payroll Proceed

11074.65

Mortgage Interest Proceed

2291.55

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14862.89

Forgiveness Date

12/31/2020

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