PPP Loan information for Car zone inc

$111,712

Car zone inc was initially approved for PPP Loan of amount $111,712, the current approved amount is $111,712. The loan was approved on 03/20/2021 by The Horizon Bank reported 10 jobs and $111,712 was used to fund payroll.

Car zone inc is Existing or more than 2 years old

CAR ZONE INC

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CAR ZONE INC

Borrower Address

8860 East Shore Dr

Borrower City

Portage

Borrower State

MI

Borrower Zip

49002-6605

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111712.00

Current Approval Amount

111712.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-6605

CD

MI-06

Jobs Reported

10

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

111706.00

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

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112256.79

Forgiveness Date

09/17/2021

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