PPP Loan information for Commerce solo, inc.

$91,800

Commerce solo, inc. was initially approved for PPP Loan of amount $91,800, the current approved amount is $91,800. The loan was approved on 04/13/2020 by The Deerwood Bank reported 29 jobs and $91,800 was used to fund payroll.

Commerce solo, inc. is Existing or more than 2 years old

COMMERCE SOLO, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COMMERCE SOLO, INC.

Borrower Address

8101 Richardson Road, Suite 102

Borrower City

WALLED LAKE

Borrower State

MI

Borrower Zip

48390-4115

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91800.00

Current Approval Amount

91800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALLED LAKE

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-4115

CD

MI-11

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6500.00

Payroll Proceed

76500.00

Mortgage Interest Proceed

0.00

Rent Proceed

5800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93024.00

Forgiveness Date

08/10/2021

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