PPP Loan information for King auto inc

$13,245

King auto inc was initially approved for PPP Loan of amount $13,245, the current approved amount is $13,245. The loan was approved on 01/29/2021 by The Independent Bank reported 2 jobs and $13,245 was used to fund payroll.

King auto inc is Existing or more than 2 years old

KING AUTO INC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KING AUTO INC

Borrower Address

6821 Main St

Borrower City

Caseville

Borrower State

MI

Borrower Zip

48725-9439

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13245.00

Current Approval Amount

13245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Caseville

Project County Name

HURON

Project State

MI

Project Zip

48725-9439

CD

MI-09

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13245.00

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

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13331.00

Forgiveness Date

10/04/2021

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