PPP Loan information for Car zone service inc

$49,840

Car zone service inc was initially approved for PPP Loan of amount $49,840, the current approved amount is $49,840. The loan was approved on 04/30/2020 by The Horizon Bank reported 20 jobs and $49,840 was used to fund payroll.

Car zone service inc is Existing or more than 2 years old

CAR ZONE SERVICE INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CAR ZONE SERVICE INC

Borrower Address

1370 E M89

Borrower City

OTSEGO

Borrower State

MI

Borrower Zip

49078

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49840.00

Current Approval Amount

49840.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OTSEGO

Project County Name

ALLEGAN

Project State

MI

Project Zip

49078-0011

CD

MI-04

Jobs Reported

20

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39872.00

Mortgage Interest Proceed

4984.00

Rent Proceed

4984.00

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

50134.94

Forgiveness Date

12/08/2020

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