PPP Loan information for Car center cedar springs, inc.

$72,975

Car center cedar springs, inc. was initially approved for PPP Loan of amount $72,975, the current approved amount is $72,975. The loan was approved on 04/10/2020 by The Mercantile Bank reported 6 jobs and $72,975 was used to fund payroll.

Car center cedar springs, inc. is Existing or more than 2 years old

CAR CENTER CEDAR SPRINGS, INC.

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

72975.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR SPRINGS

Project County Name

KENT

Project State

MI

Project Zip

49319-9440

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

0.00

Health Care Proceed

1000.00

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

73628.78

Forgiveness Date

03/09/2021

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