PPP Loan information for Ace hardware of bad axe, inc.

$86,319

Ace hardware of bad axe, inc. was initially approved for PPP Loan of amount $86,319, the current approved amount is $86,319. The loan was approved on 04/13/2020 by The Independent Bank reported 14 jobs and $86,319 was used to fund payroll.

Ace hardware of bad axe, inc. is New Business or 2 years or less

ACE HARDWARE OF BAD AXE, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACE HARDWARE OF BAD AXE, INC.

Borrower Address

375 VAN DYKE RD

Borrower City

BAD AXE

Borrower State

MI

Borrower Zip

48413-9188

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86319.00

Current Approval Amount

86319.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BAD AXE

Project County Name

HURON

Project State

MI

Project Zip

48413-9188

CD

MI-09

Jobs Reported

14

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86319.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87007.19

Forgiveness Date

02/02/2021

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