PPP Loan information for Clare automotive inc.

$79,360

Clare automotive inc. was initially approved for PPP Loan of amount $79,360, the current approved amount is $79,360. The loan was approved on 04/06/2020 by The Mercantile Bank reported 8 jobs and $79,360 was used to fund payroll.

Clare automotive inc. is Existing or more than 2 years old

PPP Loan Search / MI / CLARE / Clare automotive inc.

CLARE AUTOMOTIVE INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLARE AUTOMOTIVE INC.

Borrower Address

214 4TH ST

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617-1413

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79360.00

Current Approval Amount

79360.00

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

48617-1413

CD

MI-02

Jobs Reported

8

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2295.00

Payroll Proceed

59640.00

Mortgage Interest Proceed

2584.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10341.00

Debt Interest Proceed

0

Business Type

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

79925.30

Forgiveness Date

12/30/2020

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