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Rathsburg Associates, Inc.

$305,500 PPP Loan in Novi, Michigan

Loan Details

Loan Number
1439687305
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$305,500
Current Approval
$305,500
Forgiveness Amount
$309,124
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rathsburg Associates, Inc.
Address
41100 Bridge Street
City
Novi
State
Michigan
ZIP Code
48375-1300
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$244,451
Mortgage Interest
$61,049

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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