Rathco Safety Supply, Inc.

$298,364 PPP Loan in Portage, Michigan

Loan Details

Loan Number
8729047007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$298,364
Current Approval
$298,364
Forgiveness Amount
$300,072
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rathco Safety Supply, Inc.
Address
6742 Lovers Lane
ZIP Code
49002-3669
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444190)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$238,691
Rent
$19,891
Utilities
$19,891
Mortgage Interest
$19,891

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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