PPP Loan information for Don's auto clinic inc

$614,020

Don's auto clinic inc was initially approved for PPP Loan of amount $614,020, the current approved amount is $614,020. The loan was approved on 04/07/2020 by The Mercantile Bank reported 50 jobs and $614,020 was used to fund payroll.

Don's auto clinic inc is Existing or more than 2 years old

PPP Loan Search / MI / CADILLAC / Don's auto clinic inc

DON'S AUTO CLINIC INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DON'S AUTO CLINIC INC

Borrower Address

1110 N MITCHELL ST

Borrower City

CADILLAC

Borrower State

MI

Borrower Zip

49601-1259

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

614020.00

Current Approval Amount

614020.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CADILLAC

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-1259

CD

MI-04

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7824.00

Payroll Proceed

491216.00

Mortgage Interest Proceed

0.00

Rent Proceed

36000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28065.00

Debt Interest Proceed

50915

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

618040.57

Forgiveness Date

12/09/2020

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