Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
AMERICAN CLASSIC CONSTRUCTION INC
Borrower Address
11823 WALNUT AVENUE
Borrower City
GRANT
Borrower State
MI
Borrower Zip
49327-8756
Loan Status Date
10/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
323944.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23955
Servicing Lender Name
Horizon Bank
Servicing Lender Address
515 Franklin Sq
Servicing Lender City
MICHIGAN CITY
Servicing Lender State
IN
Servicing Lender Zip
46360-3328
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWAYGO
Project State
Project Zip
CD
MI-02
Jobs Reported
42
NAICS Code
236115
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
259155.00
Mortgage Interest Proceed
Rent Proceed
64789.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
328292.84
Forgiveness Date
09/07/2021