PPP Loan information for Automotive equipment specialists inc.

$57,900

Automotive equipment specialists inc. was initially approved for PPP Loan of amount $57,900, the current approved amount is $57,900. The loan was approved on 01/28/2021 by The Macatawa Bank reported 8 jobs and $57,900 was used to fund payroll.

Automotive equipment specialists inc. is Existing or more than 2 years old

AUTOMOTIVE EQUIPMENT SPECIALISTS INC.

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AUTOMOTIVE EQUIPMENT SPECIALISTS INC.

Borrower Address

3800 West River Dr NE

Borrower City

Comstock Park

Borrower State

MI

Borrower Zip

49321-8964

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57900.00

Current Approval Amount

57900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Comstock Park

Project County Name

KENT

Project State

MI

Project Zip

49321-8964

CD

MI-03

Jobs Reported

8

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

57896.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58279.13

Forgiveness Date

10/06/2021

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