Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CLOUSE AUBURN ACE HARDWARE, INC
Borrower Address
990 W MIDLAND RD
Borrower City
AUBURN
Borrower State
MI
Borrower Zip
48611-9222
Loan Status Date
05/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
21830.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
BAY
Project State
Project Zip
CD
MI-08
Jobs Reported
3
NAICS Code
444130
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1000.00
Payroll Proceed
17464.00
Mortgage Interest Proceed
1683.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
1683
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
22042.92
Forgiveness Date
04/06/2021