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 02/19/2021 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 / Commerce Township / Shelving rack systems inc.

SHELVING RACK SYSTEMS INC.

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SHELVING RACK SYSTEMS INC.

Borrower Address

4325 Martin Rd

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390-4121

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

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

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-4121

CD

MI-11

Jobs Reported

16

NAICS Code

337215

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

252797.00

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

254683.88

Forgiveness Date

11/24/2021

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