PPP Loan information for Central restoration, inc.

$180,243

Central restoration, inc. was initially approved for PPP Loan of amount $180,243, the current approved amount is $180,243. The loan was approved on 04/07/2020 by The Mercantile Bank reported 15 jobs and $180,243 was used to fund payroll.

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

CENTRAL RESTORATION, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CENTRAL RESTORATION, INC.

Borrower Address

586 INDUSTRIAL DR

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617-9160

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180242.50

Current Approval Amount

180242.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARE

Project County Name

CLARE

Project State

MI

Project Zip

48617-9160

CD

MI-02

Jobs Reported

15

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2093.00

Payroll Proceed

137443.50

Mortgage Interest Proceed

2246.00

Rent Proceed

8333.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3524.00

Debt Interest Proceed

26603

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

181388.15

Forgiveness Date

12/02/2020

;