PPP Loan information for C. r. motor sales, inc.

$248,500

C. r. motor sales, inc. was initially approved for PPP Loan of amount $248,500, the current approved amount is $248,500. The loan was approved on 04/04/2020 by The County National Bank reported 20 jobs and $248,500 was used to fund payroll.

C. r. motor sales, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HUDSON / C. r. motor sales, inc.

C. R. MOTOR SALES, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

C. R. MOTOR SALES, INC.

Borrower Address

518 S. MERIDIAN RD

Borrower City

HUDSON

Borrower State

MI

Borrower Zip

49247-9341

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248500.00

Current Approval Amount

248500.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

LENAWEE

Project State

MI

Project Zip

49247-9341

CD

MI-05

Jobs Reported

20

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12425.00

Payroll Proceed

198800.00

Mortgage Interest Proceed

37275.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

251399.17

Forgiveness Date

06/09/2021

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