PPP Loan information for M91 tire co inc

$37,112

M91 tire co inc was initially approved for PPP Loan of amount $37,112, the current approved amount is $37,112. The loan was approved on 04/28/2020 by The Mercantile Bank reported 6 jobs and $37,112 was used to fund payroll.

M91 tire co inc is Existing or more than 2 years old

PPP Loan Search / MI / BELDING / M91 tire co inc

M91 TIRE CO INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

M91 TIRE CO INC

Borrower Address

8588 STOREY RD

Borrower City

BELDING

Borrower State

MI

Borrower Zip

48809-9426

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37112.00

Current Approval Amount

37112.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELDING

Project County Name

IONIA

Project State

MI

Project Zip

48809-9426

CD

MI-02

Jobs Reported

6

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5567.00

Payroll Proceed

27835.00

Mortgage Interest Proceed

0.00

Rent Proceed

3710.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

37338.74

Forgiveness Date

12/10/2020

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