PPP Loan information for Cawood auto company

$603,900

Cawood auto company was initially approved for PPP Loan of amount $603,900, the current approved amount is $603,900. The loan was approved on 04/04/2020 by The Eastern Michigan Bank reported 47 jobs and $603,900 was used to fund payroll.

Cawood auto company is Existing or more than 2 years old

CAWOOD AUTO COMPANY

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CAWOOD AUTO COMPANY

Borrower Address

2516 PINE GROVE AVE

Borrower City

PORT HURON

Borrower State

MI

Borrower Zip

48060-2869

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

603900.00

Current Approval Amount

603900.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT HURON

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-2869

CD

MI-09

Jobs Reported

47

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

498900.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

609260.65

Forgiveness Date

03/05/2021

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