PPP Loan information for Ausable towing inc

$51,675

Ausable towing inc was initially approved for PPP Loan of amount $51,675, the current approved amount is $51,675. The loan was approved on 04/29/2020 by The Northland Area FCU reported 10 jobs and $51,675 was used to fund payroll.

Ausable towing inc is Existing or more than 2 years old

AUSABLE TOWING INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUSABLE TOWING INC

Borrower Address

4365 W M-72 Highway

Borrower City

Grayling

Borrower State

MI

Borrower Zip

49738

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51675.00

Current Approval Amount

51675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99552

Servicing Lender Name

Northland Area FCU

Servicing Lender Address

1161 N Bagley St.

Servicing Lender City

ALPENA

Servicing Lender State

MI

Servicing Lender Zip

49707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grayling

Project County Name

CRAWFORD

Project State

MI

Project Zip

49738-0001

CD

MI-01

Jobs Reported

10

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2584.00

Payroll Proceed

38756.00

Mortgage Interest Proceed

10335.00

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

99552

Originating Lender

Northland Area FCU

Originating Lender City

ALPENA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41878.24

Forgiveness Date

10/27/2020

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