PPP Loan information for Frank's transmission, inc

$44,825

Frank's transmission, inc was initially approved for PPP Loan of amount $44,825, the current approved amount is $44,825. The loan was approved on 04/12/2020 by The Southern Michigan Bank & Trust reported 4 jobs and $44,825 was used to fund payroll.

Frank's transmission, inc is Existing or more than 2 years old

PPP Loan Search / MI / COLDWATER / Frank's transmission, inc

FRANK'S TRANSMISSION, INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRANK'S TRANSMISSION, INC

Borrower Address

149 Division St

Borrower City

COLDWATER

Borrower State

MI

Borrower Zip

49036-1922

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44825.00

Current Approval Amount

44825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLDWATER

Project County Name

BRANCH

Project State

MI

Project Zip

49036-1922

CD

MI-07

Jobs Reported

4

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8825.00

Payroll Proceed

36000.00

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

Subchapter S Corporation

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45149.21

Forgiveness Date

01/07/2021

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