PPP Loan information for Cloverland motorsports, inc.

$79,299

Cloverland motorsports, inc. was initially approved for PPP Loan of amount $79,299, the current approved amount is $79,299. The loan was approved on 05/08/2020 by The Gogebic Range Bank reported 20 jobs and $79,299 was used to fund payroll.

Cloverland motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Ironwood / Cloverland motorsports, inc.

CLOVERLAND MOTORSPORTS, INC.

Date Approved

05/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLOVERLAND MOTORSPORTS, INC.

Borrower Address

300 E. Cloverland Drive

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79299.00

Current Approval Amount

79299.00

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

MI

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

Ironwood

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-0001

CD

MI-01

Jobs Reported

20

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79299.00

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

Subchapter S Corporation

Originating Lender Location Id

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

79924.70

Forgiveness Date

03/03/2021

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