Date Approved
05/15/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
RUTH DRAIN TILE, INC.
Borrower Address
4551 RUTH RD
Borrower City
RUTH
Borrower State
MI
Borrower Zip
48470-9780
Loan Status Date
05/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
16200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33734
Servicing Lender Name
Eastern Michigan Bank
Servicing Lender Address
65 N Howard Ave
Servicing Lender City
CROSWELL
Servicing Lender State
Servicing Lender Zip
48422-1222
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HURON
Project State
Project Zip
CD
MI-09
Jobs Reported
2
NAICS Code
327310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
16352.24
Forgiveness Date
04/28/2021