PPP Loan information for Downtown auto service inc

$47,400

Downtown auto service inc was initially approved for PPP Loan of amount $47,400, the current approved amount is $47,400. The loan was approved on 04/04/2020 by The Commercial Bank reported 6 jobs and $47,400 was used to fund payroll.

Downtown auto service inc is Existing or more than 2 years old

PPP Loan Search / MI / ITHACA / Downtown auto service inc

DOWNTOWN AUTO SERVICE INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOWNTOWN AUTO SERVICE INC

Borrower Address

110 W NEWARK ST

Borrower City

ITHACA

Borrower State

MI

Borrower Zip

48847-1400

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47400.00

Current Approval Amount

47400.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

ITHACA

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-1400

CD

MI-04

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4525.95

Payroll Proceed

37713.07

Mortgage Interest Proceed

0.00

Rent Proceed

1800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3260.98

Debt Interest Proceed

100

Business Type

Corporation

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

47857.12

Forgiveness Date

04/01/2021

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