PPP Loan information for Big red automotive, inc.

$10,946

Big red automotive, inc. was initially approved for PPP Loan of amount $20,695, the current approved amount is $10,946. The loan was approved on 05/08/2020 by The Michigan First CU reported 3 jobs and $10,946 was used to fund payroll.

Big red automotive, inc. is Existing or more than 2 years old

BIG RED AUTOMOTIVE, INC.

Date Approved

05/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BIG RED AUTOMOTIVE, INC.

Borrower Address

36487 GRATIOT AVE

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48035-1724

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

58

SBA Guaranty Percentage

100

Initial Approval Amount

20695.00

Current Approval Amount

10945.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98837

Servicing Lender Name

Michigan First CU

Servicing Lender Address

27000 Evergreen Rd

Servicing Lender City

LATHRUP VILLAGE

Servicing Lender State

MI

Servicing Lender Zip

48076-3231

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48035-1724

CD

MI-10

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10945.72

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

Corporation

Originating Lender Location Id

98837

Originating Lender

Michigan First CU

Originating Lender City

LATHRUP VILLAGE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5164.71

Forgiveness Date

03/30/2021

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