Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CAR CENTER CEDAR SPRINGS, INC.
Borrower Address
13399 WHITE CREEK AVE
Borrower City
CEDAR SPRINGS
Borrower State
MI
Borrower Zip
49319-9440
Loan Status Date
04/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
72975.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-02
Jobs Reported
6
NAICS Code
441120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2112.00
Payroll Proceed
58380.00
Mortgage Interest Proceed
5483.00
Rent Proceed
6000.00
Refinance EIDL Proceed
Health Care Proceed
1000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
73628.78
Forgiveness Date
03/09/2021