PPP Loan information for R&b geld inc

$94,999

R&b geld inc was initially approved for PPP Loan of amount $94,999, the current approved amount is $94,999. The loan was approved on 08/03/2020 by The Mercantile Bank reported 40 jobs and $94,999 was used to fund payroll.

R&b geld inc is Existing or more than 2 years old

PPP Loan Search / MI / ROCKFORD / R&b geld inc

R&B GELD INC

Date Approved

08/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R&B GELD INC

Borrower Address

4 NORTH MAIN ST

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-1218

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94999.00

Current Approval Amount

94999.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-1218

CD

MI-03

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

56999.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95563.79

Forgiveness Date

03/10/2021

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