Date Approved
05/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CLOVERLAND MOTORS, INC.
Borrower Address
300 E. Cloverland Drive
Borrower City
Ironwood
Borrower State
MI
Borrower Zip
49938
Loan Status Date
03/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
8350.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
262597
Servicing Lender Name
Gogebic Range Bank
Servicing Lender Address
155 E Cloverland Dr
Servicing Lender City
IRONWOOD
Servicing Lender State
Servicing Lender Zip
49938-1227
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GOGEBIC
Project State
Project Zip
49938-0001
CD
MI-01
Jobs Reported
2
NAICS Code
441120
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
8411.77
Forgiveness Date
02/16/2021