PPP Loan information for Brakes by the bay, inc.

$60,515

Brakes by the bay, inc. was initially approved for PPP Loan of amount $60,515, the current approved amount is $60,515. The loan was approved on 04/28/2020 by The Citizens National Bank of Cheboygan reported 6 jobs and $60,515 was used to fund payroll.

Brakes by the bay, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HARBOR SPRINGS / Brakes by the bay, inc.

BRAKES BY THE BAY, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BRAKES BY THE BAY, INC.

Borrower Address

785 W. CONWAY RD

Borrower City

HARBOR SPRINGS

Borrower State

MI

Borrower Zip

49740-9585

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60515.00

Current Approval Amount

60515.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARBOR SPRINGS

Project County Name

EMMET

Project State

MI

Project Zip

49740-9585

CD

MI-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60515.00

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

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61152.09

Forgiveness Date

05/19/2021

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