PPP Loan information for City auto & tire, inc.

$29,955

City auto & tire, inc. was initially approved for PPP Loan of amount $29,955, the current approved amount is $29,955. The loan was approved on 04/11/2020 by The Horizon Bank reported 3 jobs and $29,955 was used to fund payroll.

City auto & tire, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BENTON HARBOR / City auto & tire, inc.

CITY AUTO & TIRE, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CITY AUTO & TIRE, INC.

Borrower Address

City Auto & Tire Inc

Borrower City

BENTON HARBOR

Borrower State

MI

Borrower Zip

49022

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29955.00

Current Approval Amount

29955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENTON HARBOR

Project County Name

BERRIEN

Project State

MI

Project Zip

49022-0389

CD

MI-06

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2995.00

Payroll Proceed

23964.00

Mortgage Interest Proceed

2996.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27104.18

Forgiveness Date

11/19/2020

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