PPP Loan information for Ken's auto care experts inc

$204,997

Ken's auto care experts inc was initially approved for PPP Loan of amount $204,997, the current approved amount is $204,997. The loan was approved on 04/06/2020 by The Mercantile Bank reported 17 jobs and $204,997 was used to fund payroll.

Ken's auto care experts inc is Existing or more than 2 years old

PPP Loan Search / MI / WYOMING / Ken's auto care experts inc

KEN'S AUTO CARE EXPERTS INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KEN'S AUTO CARE EXPERTS INC

Borrower Address

4510 CLYDE PARK AVE

Borrower City

WYOMING

Borrower State

MI

Borrower Zip

49509-5111

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204997.00

Current Approval Amount

204997.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WYOMING

Project County Name

KENT

Project State

MI

Project Zip

49509-5111

CD

MI-03

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

186735.00

Mortgage Interest Proceed

2345.00

Rent Proceed

5867.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7550.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

206575.20

Forgiveness Date

01/20/2021

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