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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALLEGAN
Project State
Project Zip
49078-0011
CD
MI-04
Jobs Reported
20
NAICS Code
441120
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
39872.00
Mortgage Interest Proceed
4984.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
50134.94
Forgiveness Date
12/08/2020