PPP Loan information for R&r drywall & insulation inc.

$97,158

R&r drywall & insulation inc. was initially approved for PPP Loan of amount $97,158, the current approved amount is $97,158. The loan was approved on 04/08/2020 by The Mercantile Bank reported 11 jobs and $97,158 was used to fund payroll.

R&r drywall & insulation inc. is Existing or more than 2 years old

R&R DRYWALL & INSULATION INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R&R DRYWALL & INSULATION INC.

Borrower Address

7880 S CLARE AVE

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617-8615

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97157.50

Current Approval Amount

97157.50

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARE

Project County Name

CLARE

Project State

MI

Project Zip

48617-8615

CD

MI-02

Jobs Reported

11

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

309.50

Payroll Proceed

88222.00

Mortgage Interest Proceed

4117.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

509

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97924.11

Forgiveness Date

01/28/2021

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