PPP Loan information for Shelving rack systems, inc.

$252,800

Shelving rack systems, inc. was initially approved for PPP Loan of amount $252,800, the current approved amount is $252,800. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 16 jobs and $252,800 was used to fund payroll.

Shelving rack systems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Walled Lake / Shelving rack systems, inc.

SHELVING RACK SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHELVING RACK SYSTEMS, INC.

Borrower Address

4325 Martin Rd.

Borrower City

Walled Lake

Borrower State

MI

Borrower Zip

48390

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252800.00

Current Approval Amount

252800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Walled Lake

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-0001

CD

MI-11

Jobs Reported

16

NAICS Code

337215

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

252800.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

255286.44

Forgiveness Date

04/22/2021

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