Rifkin Scrap Iron & Metal Company

$271,200 PPP Loan in Saginaw, Michigan

Loan Details

Loan Number
4368087003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$271,200
Current Approval
$271,200
Forgiveness Amount
$272,729
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rifkin Scrap Iron & Metal Company
Address
1011 N. Washington Ave
ZIP Code
48601-1000
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$216,962
Rent
$25,830
Utilities
$8,603
Mortgage Interest
$6,768
Debt Interest
$13,037

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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