Rapids Tool & Engineering

$91,415 PPP Loan in Eaton Rapids, Michigan

Loan Details

Loan Number
1153578308
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$91,415
Current Approval
$91,415
Forgiveness Amount
$91,871
Forgiveness Date
Jul 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rapids Tool & Engineering
Address
10618 Petrieville Hwy
ZIP Code
48827-9205
Business Type
Sole Proprietorship
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$91,412
Utilities
$1

Lender Information

Servicing Lender
Eaton Community Bank
Originating Lender
Eaton Community Bank

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