PPP Loan information for Crest automotive, inc.

$976,200

Crest automotive, inc. was initially approved for PPP Loan of amount $976,200, the current approved amount is $976,200. The loan was approved on 04/28/2020 by The Comerica Bank reported 94 jobs and $976,200 was used to fund payroll.

Crest automotive, inc. is Existing or more than 2 years old

CREST AUTOMOTIVE, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CREST AUTOMOTIVE, INC.

Borrower Address

26333 Van Dyke Ave

Borrower City

Center Line

Borrower State

MI

Borrower Zip

48015-1233

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

976200.00

Current Approval Amount

976200.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Center Line

Project County Name

MACOMB

Project State

MI

Project Zip

48015-1233

CD

MI-10

Jobs Reported

94

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

780980.00

Mortgage Interest Proceed

195220.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

983196.10

Forgiveness Date

01/20/2021

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