PPP Loan information for Rempco acquisition, inc

$331,700

Rempco acquisition, inc was initially approved for PPP Loan of amount $331,700, the current approved amount is $331,700. The loan was approved on 04/08/2020 by The Mercantile Bank reported 28 jobs and $331,700 was used to fund payroll.

Rempco acquisition, inc is Existing or more than 2 years old

PPP Loan Search / MI / CADILLAC / Rempco acquisition, inc

REMPCO ACQUISITION, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REMPCO ACQUISITION, INC

Borrower Address

251 BELL AVE

Borrower City

CADILLAC

Borrower State

MI

Borrower Zip

49601-1103

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331700.00

Current Approval Amount

331700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CADILLAC

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-1103

CD

MI-04

Jobs Reported

28

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6600.00

Payroll Proceed

276100.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33000.00

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

323621.39

Forgiveness Date

11/19/2020

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