PPP Loan information for Central asphalt, inc.

$859,744

Central asphalt, inc. was initially approved for PPP Loan of amount $859,744, the current approved amount is $859,744. The loan was approved on 04/13/2020 by The Isabella Bank reported 57 jobs and $859,744 was used to fund payroll.

Central asphalt, inc. is Existing or more than 2 years old

CENTRAL ASPHALT, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CENTRAL ASPHALT, INC.

Borrower Address

900 S Bradley

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-3046

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

859744.00

Current Approval Amount

859744.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-3046

CD

MI-02

Jobs Reported

57

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

671832.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

117912.00

Debt Interest Proceed

20000

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

864407.82

Forgiveness Date

11/05/2020

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