PPP Loan information for Automotive credit corporation

$2,054,600

Automotive credit corporation was initially approved for PPP Loan of amount $2,054,600, the current approved amount is $2,054,600. The loan was approved on 04/07/2020 by The The Huntington National Bank reported 160 jobs and $2,054,600 was used to fund payroll.

Automotive credit corporation is Existing or more than 2 years old

PPP Loan Search / MI / SOUTHFIELD / Automotive credit corporation

AUTOMOTIVE CREDIT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOMOTIVE CREDIT CORPORATION

Borrower Address

26261 Evergreen Rd, Ste 300

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48076-4400

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2054600.00

Current Approval Amount

2054600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48076-4400

CD

MI-12

Jobs Reported

160

NAICS Code

522291

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2054600.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;