PPP Loan information for Accurate automotive engines, inc.

$158,076

Accurate automotive engines, inc. was initially approved for PPP Loan of amount $158,076, the current approved amount is $158,076. The loan was approved on 04/10/2020 by The Frankenmuth CU reported 16 jobs and $158,076 was used to fund payroll.

Accurate automotive engines, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRANDVILLE / Accurate automotive engines, inc.

ACCURATE AUTOMOTIVE ENGINES, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACCURATE AUTOMOTIVE ENGINES, INC.

Borrower Address

2840 DORMAX ST

Borrower City

GRANDVILLE

Borrower State

MI

Borrower Zip

49418-1121

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158076.00

Current Approval Amount

158076.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANDVILLE

Project County Name

KENT

Project State

MI

Project Zip

49418-1121

CD

MI-02

Jobs Reported

16

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12076.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159054.77

Forgiveness Date

12/04/2020

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