PPP Loan information for Cole's appliance, inc.

$63,037

Cole's appliance, inc. was initially approved for PPP Loan of amount $63,037, the current approved amount is $63,037. The loan was approved on 04/15/2020 by The Independent Bank reported 13 jobs and $63,037 was used to fund payroll.

Cole's appliance, inc. is Existing or more than 2 years old

COLE'S APPLIANCE, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COLE'S APPLIANCE, INC.

Borrower Address

420 E TRAVERSE BAY ROAD

Borrower City

LINCOLN

Borrower State

MI

Borrower Zip

48742-9714

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63037.00

Current Approval Amount

63037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

ALCONA

Project State

MI

Project Zip

48742-9714

CD

MI-01

Jobs Reported

13

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63037.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53379.92

Forgiveness Date

12/15/2020

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