PPP Loan information for Drive auto parts inc

$71,308

Drive auto parts inc was initially approved for PPP Loan of amount $71,308, the current approved amount is $71,308. The loan was approved on 04/08/2021 by The Customers Bank reported 5 jobs and $71,308 was used to fund payroll.

Drive auto parts inc is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Twp / Drive auto parts inc

DRIVE AUTO PARTS INC

Date Approved

04/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DRIVE AUTO PARTS INC

Borrower Address

34410 S Gratiot Ave

Borrower City

Clinton Twp

Borrower State

MI

Borrower Zip

48035-3539

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71308.00

Current Approval Amount

71308.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Twp

Project County Name

MACOMB

Project State

MI

Project Zip

48035-3539

CD

MI-10

Jobs Reported

5

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71304.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72243.80

Forgiveness Date

08/02/2022

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