Rand Industrial Insulation

$781,600 PPP Loan in Romulus, Michigan

Loan Details

Loan Number
3091557102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$781,600
Current Approval
$781,600
Forgiveness Amount
$790,123
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rand Industrial Insulation
Address
35555 Genron Ct
ZIP Code
48174-3654
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Administrative and Support and Waste Management (562910)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$781,600

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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