Rapson Refrigeration, Inc.

$86,577 PPP Loan in Bad Axe, Michigan

Loan Details

Loan Number
7180887009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$86,577
Current Approval
$86,577
Forgiveness Amount
$87,021
Forgiveness Date
Oct 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rapson Refrigeration, Inc.
Address
309 S. Hanselman St.
ZIP Code
48413-1444
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$77,850
Rent
$6,600
Utilities
$2,127

Lender Information

Servicing Lender
Thumb Bank & Trust
Originating Lender
Thumb Bank & Trust

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