PPP Loan information for Full throttle acquisition llc

$253,694

Full throttle acquisition llc was initially approved for PPP Loan of amount $253,694, the current approved amount is $253,694. The loan was approved on 04/09/2020 by The Mercantile Bank reported 28 jobs and $253,694 was used to fund payroll.

Full throttle acquisition llc is Existing or more than 2 years old

FULL THROTTLE ACQUISITION LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FULL THROTTLE ACQUISITION LLC

Borrower Address

647 E CHICAGO RD

Borrower City

COLDWATER

Borrower State

MI

Borrower Zip

49036-9497

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253694.00

Current Approval Amount

253694.00

Undisbursed Amount

0.00

Franchise Name

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

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

49036-9497

CD

MI-07

Jobs Reported

28

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5436.00

Payroll Proceed

203032.00

Mortgage Interest Proceed

0.00

Rent Proceed

39754.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1650.00

Debt Interest Proceed

3822

Business Type

Limited Liability Company(LLC)

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

255834.76

Forgiveness Date

02/18/2021

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