PPP Loan information for Auto finance center of ypsilanti inc

$48,685

Auto finance center of ypsilanti inc was initially approved for PPP Loan of amount $48,685, the current approved amount is $48,685. The loan was approved on 01/23/2021 by The Independent Bank reported 5 jobs and $48,685 was used to fund payroll.

Auto finance center of ypsilanti inc is Existing or more than 2 years old

AUTO FINANCE CENTER OF YPSILANTI INC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTO FINANCE CENTER OF YPSILANTI INC

Borrower Address

1379 E Michigan Ave

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48198-5903

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48685.00

Current Approval Amount

48685.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48198-5903

CD

MI-06

Jobs Reported

5

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48681.00

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

Subchapter S 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

48861.07

Forgiveness Date

06/15/2021

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