PPP Loan information for Johnson automotive repair inc

$110,700

Johnson automotive repair inc was initially approved for PPP Loan of amount $110,700, the current approved amount is $110,700. The loan was approved on 04/28/2020 by The Isabella Bank reported 9 jobs and $110,700 was used to fund payroll.

Johnson automotive repair inc is Existing or more than 2 years old

JOHNSON AUTOMOTIVE REPAIR INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JOHNSON AUTOMOTIVE REPAIR INC

Borrower Address

1305 N STATE ST

Borrower City

BIG RAPIDS

Borrower State

MI

Borrower Zip

49307-8685

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110700.00

Current Approval Amount

110700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIG RAPIDS

Project County Name

MECOSTA

Project State

MI

Project Zip

49307-8685

CD

MI-02

Jobs Reported

9

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2200.00

Payroll Proceed

83000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111591.67

Forgiveness Date

02/23/2021

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