PPP Loan information for Russell & schrader insurance agency, inc.

$83,166

Russell & schrader insurance agency, inc. was initially approved for PPP Loan of amount $83,166, the current approved amount is $83,166. The loan was approved on 04/27/2020 by The Independent Bank reported 10 jobs and $83,166 was used to fund payroll.

Russell & schrader insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CHARLOTTE / Russell & schrader insurance agency, inc.

RUSSELL & SCHRADER INSURANCE AGENCY, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RUSSELL & SCHRADER INSURANCE AGENCY, INC.

Borrower Address

219 E LAWRENCE AVE

Borrower City

CHARLOTTE

Borrower State

MI

Borrower Zip

48813-1520

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83166.00

Current Approval Amount

83166.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

EATON

Project State

MI

Project Zip

48813-1520

CD

MI-07

Jobs Reported

10

NAICS Code

524298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83166.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73639.07

Forgiveness Date

12/28/2020

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