PPP Loan information for Louies towing & auto repair

$146,200

Louies towing & auto repair was initially approved for PPP Loan of amount $146,200, the current approved amount is $146,200. The loan was approved on 04/10/2020 by The ELGA CU reported 17 jobs and $146,200 was used to fund payroll.

Louies towing & auto repair is Existing or more than 2 years old

LOUIES TOWING & AUTO REPAIR

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOUIES TOWING & AUTO REPAIR

Borrower Address

7163 N Saginaw St

Borrower City

MOUNT MORRIS

Borrower State

MI

Borrower Zip

48458-2118

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146200.00

Current Approval Amount

146200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT MORRIS

Project County Name

GENESEE

Project State

MI

Project Zip

48458-2118

CD

MI-08

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

138200.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

147804.14

Forgiveness Date

05/17/2021

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