PPP Loan information for American vehicle auto auction, inc.

$127,200

American vehicle auto auction, inc. was initially approved for PPP Loan of amount $127,200, the current approved amount is $127,200. The loan was approved on 04/07/2020 by The Eastern Michigan Bank reported 17 jobs and $127,200 was used to fund payroll.

American vehicle auto auction, inc. is Existing or more than 2 years old

PPP Loan Search / MI / PORT HURON / American vehicle auto auction, inc.

AMERICAN VEHICLE AUTO AUCTION, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN VEHICLE AUTO AUCTION, INC.

Borrower Address

4266 DOVE RD

Borrower City

PORT HURON

Borrower State

MI

Borrower Zip

48060-7466

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127200.00

Current Approval Amount

127200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT HURON

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-7466

CD

MI-09

Jobs Reported

17

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

119200.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

128025.93

Forgiveness Date

12/09/2020

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