Date Approved
02/24/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
ARMADA AUTO RECYCLING INC.
Borrower Address
20951 32 Mile Rd
Borrower City
Armada
Borrower State
MI
Borrower Zip
48005-4302
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
13287.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36482
Servicing Lender Name
ChoiceOne Bank
Servicing Lender Address
109 E Division
Servicing Lender City
SPARTA
Servicing Lender State
Servicing Lender Zip
49345-1337
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-09
Jobs Reported
2
NAICS Code
423510
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
13285.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
13403.63
Forgiveness Date
01/19/2022