PPP Loan information for Coldwater electric motors & welding supplies inc

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COLDWATER ELECTRIC MOTORS & WELDING SUPPLIES INC

Borrower Address

178 W GARFIELD AVE

Borrower City

COLDWATER

Borrower State

MI

Borrower Zip

49036-9704

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197700.00

Current Approval Amount

197700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33709

Servicing Lender Name

Century Bank and Trust

Servicing Lender Address

100 W Chicago St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1899

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLDWATER

Project County Name

BRANCH

Project State

MI

Project Zip

49036-9704

CD

MI-07

Jobs Reported

16

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197700.00

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

33709

Originating Lender

Century Bank and Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199027.03

Forgiveness Date

12/09/2020