PPP Loan information for Rtl development company llc

$584,928

Rtl development company llc was initially approved for PPP Loan of amount $584,928, the current approved amount is $584,928. The loan was approved on 04/07/2020 by The Mercantile Bank reported 49 jobs and $584,928 was used to fund payroll.

Rtl development company llc is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Rtl development company llc

RTL DEVELOPMENT COMPANY LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RTL DEVELOPMENT COMPANY LLC

Borrower Address

1528 Woodward Avenue Suite #300

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48226-2005

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

584927.72

Current Approval Amount

584927.72

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48226-2005

CD

MI-13

Jobs Reported

49

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

584927.72

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

Limited Liability Company(LLC)

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

589366.76

Forgiveness Date

01/19/2021

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