PPP Loan information for Classic auto repair

$12,627

Classic auto repair was initially approved for PPP Loan of amount $12,627, the current approved amount is $12,627. The loan was approved on 01/22/2021 by The ChoiceOne Bank reported 2 jobs and $12,627 was used to fund payroll.

Classic auto repair is Existing or more than 2 years old

PPP Loan Search / MI / Sparta / Classic auto repair

CLASSIC AUTO REPAIR

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CLASSIC AUTO REPAIR

Borrower Address

239 E Division St

Borrower City

Sparta

Borrower State

MI

Borrower Zip

49345-1340

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12627.00

Current Approval Amount

12627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sparta

Project County Name

KENT

Project State

MI

Project Zip

49345-1340

CD

MI-03

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

12625.00

Mortgage Interest Proceed

0.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12788.21

Forgiveness Date

05/04/2022

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