PPP Loan information for Cedar ridge boat works, inc.

$88,200

Cedar ridge boat works, inc. was initially approved for PPP Loan of amount $88,200, the current approved amount is $88,200. The loan was approved on 04/04/2020 by The Old Mission Bank reported 7 jobs and $88,200 was used to fund payroll.

Cedar ridge boat works, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CEDARVILLE / Cedar ridge boat works, inc.

CEDAR RIDGE BOAT WORKS, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CEDAR RIDGE BOAT WORKS, INC.

Borrower Address

1011 S Islington Road

Borrower City

CEDARVILLE

Borrower State

MI

Borrower Zip

49719-9744

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88200.00

Current Approval Amount

88200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDARVILLE

Project County Name

MACKINAC

Project State

MI

Project Zip

49719-9744

CD

MI-01

Jobs Reported

7

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11025.00

Payroll Proceed

66150.00

Mortgage Interest Proceed

11025.00

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

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88699.80

Forgiveness Date

11/02/2020

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