PPP Loan information for Russo enterprise inc

$79,991

Russo enterprise inc was initially approved for PPP Loan of amount $79,991, the current approved amount is $79,991. The loan was approved on 04/10/2020 by The United Bank of Michigan reported 27 jobs and $79,991 was used to fund payroll.

Russo enterprise inc is Existing or more than 2 years old

RUSSO ENTERPRISE INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RUSSO ENTERPRISE INC

Borrower Address

100 E MAIN ST.

Borrower City

HOPKINS

Borrower State

MI

Borrower Zip

49328-9559

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79991.00

Current Approval Amount

79991.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

ALLEGAN

Project State

MI

Project Zip

49328-9559

CD

MI-04

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9991.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80653.15

Forgiveness Date

02/16/2021

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