Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LAKEVIEW CAR CENTRE, INC
Borrower Address
411 S. LINCOLN AVE
Borrower City
LAKEVIEW
Borrower State
MI
Borrower Zip
48850-5020
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
33809.27
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTCALM
Project State
Project Zip
CD
MI-02
Jobs Reported
5
NAICS Code
811111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
3400.00
Payroll Proceed
27047.41
Mortgage Interest Proceed
1361.86
Rent Proceed
2000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
28993.97
Forgiveness Date
12/04/2020