PPP Loan information for Jermey's automotive and performance

$218,592

Jermey's automotive and performance was initially approved for PPP Loan of amount $218,592, the current approved amount is $218,592. The loan was approved on 04/13/2020 by The ChoiceOne Bank reported 20 jobs and $218,592 was used to fund payroll.

Jermey's automotive and performance is Existing or more than 2 years old

JERMEY'S AUTOMOTIVE AND PERFORMANCE

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JERMEY'S AUTOMOTIVE AND PERFORMANCE

Borrower Address

10788 Gratiot

Borrower City

Casco

Borrower State

MI

Borrower Zip

48006-1006

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218592.00

Current Approval Amount

218592.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Casco

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48006-1006

CD

MI-09

Jobs Reported

20

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21859.00

Payroll Proceed

171820.00

Mortgage Interest Proceed

21859.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3054.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220191.02

Forgiveness Date

01/14/2021

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