Rack Processing Michigan LLC

$296,000 PPP Loan in Wyoming, Michigan

Loan Details

Loan Number
2617018308
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$296,000
Current Approval
$296,000
Forgiveness Amount
$297,646
Forgiveness Date
Aug 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rack Processing Michigan LLC
Address
3513 Lousma Dr SE
ZIP Code
49548-2263
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$295,996
Utilities
$1

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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