PPP Loan information for Central motor sports

$133,980

Central motor sports was initially approved for PPP Loan of amount $133,980, the current approved amount is $133,980. The loan was approved on 04/08/2020 by The Mercantile Bank reported 15 jobs and $133,980 was used to fund payroll.

Central motor sports is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Central motor sports

CENTRAL MOTOR SPORTS

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CENTRAL MOTOR SPORTS

Borrower Address

905 Corporate Dr

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-5304

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133979.95

Current Approval Amount

133979.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

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

48858-5304

CD

MI-02

Jobs Reported

15

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

107183.95

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2796

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134798.51

Forgiveness Date

11/24/2020

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