PPP Loan information for Faithful auto & truck repair

$79,379

Faithful auto & truck repair was initially approved for PPP Loan of amount $79,379, the current approved amount is $79,379. The loan was approved on 04/10/2020 by The ChoiceOne Bank reported 10 jobs and $79,379 was used to fund payroll.

Faithful auto & truck repair is Existing or more than 2 years old

PPP Loan Search / MI / NORTH BRANCH / Faithful auto & truck repair

FAITHFUL AUTO & TRUCK REPAIR

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FAITHFUL AUTO & TRUCK REPAIR

Borrower Address

5549 LAPEER RD

Borrower City

NORTH BRANCH

Borrower State

MI

Borrower Zip

48461-9692

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79379.00

Current Approval Amount

79379.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

LAPEER

Project State

MI

Project Zip

48461-9692

CD

MI-09

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15877.00

Payroll Proceed

61504.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1998.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80000.98

Forgiveness Date

01/28/2021

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