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Rudyard Cooperative Company

$254,300 PPP Loan in Kincheloe, Michigan

Loan Details

Loan Number
7270497210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$254,300
Current Approval
$254,300
Forgiveness Amount
$255,628
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rudyard Cooperative Company
Address
16829 S Water Tower Dr
City
Kincheloe
State
Michigan
ZIP Code
49788-1500
Business Type
Corporation
Industry (NAICS)
Retail Trade (445299)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$208,000
Rent
$4,400
Utilities
$36,200
Health Care
$5,700

Lender Information

Servicing Lender
Central Savings Bank
Originating Lender
Central Savings Bank

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