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Rc Directional Boring, Inc.

$186,600 PPP Loan in Howell, Michigan

Loan Details

Loan Number
3021297210
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$186,600
Current Approval
$186,600
Forgiveness Amount
$187,740
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rc Directional Boring, Inc.
Address
3402 Cedar Lake Rd.
City
Howell
State
Michigan
ZIP Code
48843
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$179,100
Utilities
$2,500
Debt Interest
$5,000

Lender Information

Servicing Lender
Bank of Ann Arbor
Originating Lender
Bank of Ann Arbor

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