PPP Loan information for Discount tire & battery of ionia inc

$55,700

Discount tire & battery of ionia inc was initially approved for PPP Loan of amount $55,700, the current approved amount is $55,700. The loan was approved on 04/12/2020 by The Commercial Bank reported 7 jobs and $55,700 was used to fund payroll.

Discount tire & battery of ionia inc is Existing or more than 2 years old

DISCOUNT TIRE & BATTERY OF IONIA INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DISCOUNT TIRE & BATTERY OF IONIA INC

Borrower Address

2265 N STATE RD

Borrower City

IONIA

Borrower State

MI

Borrower Zip

48846-9503

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55700.00

Current Approval Amount

55700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IONIA

Project County Name

IONIA

Project State

MI

Project Zip

48846-9503

CD

MI-02

Jobs Reported

7

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6100.00

Payroll Proceed

44600.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56189.85

Forgiveness Date

03/09/2021

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