Raymond Excavating Company

$603,700 PPP Loan in Marysville, Michigan

Loan Details

Loan Number
5654618303
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$603,700
Current Approval
$603,700
Forgiveness Amount
$610,845
Forgiveness Date
Apr 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Raymond Excavating Company
Address
800 Gratiot Blvd
ZIP Code
48040-1127
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$603,699
Utilities
$1

Lender Information

Servicing Lender
Eastern Michigan Bank
Originating Lender
Eastern Michigan Bank

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