PPP Loan information for Bob's auto body inc

$142,750

Bob's auto body inc was initially approved for PPP Loan of amount $142,750, the current approved amount is $142,750. The loan was approved on 05/01/2020 by The Mercantile Bank reported 16 jobs and $142,750 was used to fund payroll.

Bob's auto body inc is Existing or more than 2 years old

BOB'S AUTO BODY INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BOB'S AUTO BODY INC

Borrower Address

1005 US HIGHWAY 27

Borrower City

SAINT JOHNS

Borrower State

MI

Borrower Zip

48879-1137

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142750.00

Current Approval Amount

142750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNS

Project County Name

CLINTON

Project State

MI

Project Zip

48879-1137

CD

MI-04

Jobs Reported

16

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14275.00

Payroll Proceed

114200.00

Mortgage Interest Proceed

0.00

Rent Proceed

14275.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

144142.30

Forgiveness Date

04/28/2021

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