PPP Loan information for Cereal city auto parts, inc.

$353,500

Cereal city auto parts, inc. was initially approved for PPP Loan of amount $353,500, the current approved amount is $353,500. The loan was approved on 04/28/2020 by The Comerica Bank reported 52 jobs and $353,500 was used to fund payroll.

Cereal city auto parts, inc. is Existing or more than 2 years old

CEREAL CITY AUTO PARTS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CEREAL CITY AUTO PARTS, INC.

Borrower Address

320 Michigan Ave W

Borrower City

Battle Creek

Borrower State

MI

Borrower Zip

49037-2314

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353500.00

Current Approval Amount

353500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Battle Creek

Project County Name

CALHOUN

Project State

MI

Project Zip

49037-2314

CD

MI-04

Jobs Reported

52

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

282844.00

Mortgage Interest Proceed

70656.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

357535.79

Forgiveness Date

06/16/2021

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