PPP Loan information for Cloverland motorsports inc.

$73,142

Cloverland motorsports inc. was initially approved for PPP Loan of amount $73,142, the current approved amount is $73,142. The loan was approved on 03/04/2021 by The Gogebic Range Bank reported 11 jobs and $73,142 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

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CLOVERLAND MOTORSPORTS INC.

Borrower Address

300 E Cloverland Dr

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938-1308

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73142.00

Current Approval Amount

73142.00

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

49938-1308

CD

MI-01

Jobs Reported

11

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

73140.00

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

73661.01

Forgiveness Date

11/22/2021

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