PPP Loan information for Mackinac wheels, ltd

$112,948

Mackinac wheels, ltd was initially approved for PPP Loan of amount $112,948, the current approved amount is $112,948. The loan was approved on 05/18/2020 by The Central Savings Bank reported 10 jobs and $112,948 was used to fund payroll.

Mackinac wheels, ltd is Existing or more than 2 years old

MACKINAC WHEELS, LTD

Date Approved

05/18/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MACKINAC WHEELS, LTD

Borrower Address

6929 Main St PO BOX 1800

Borrower City

MACKINAC ISLAND

Borrower State

MI

Borrower Zip

49757-1800

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112947.84

Current Approval Amount

112947.84

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACKINAC ISLAND

Project County Name

MACKINAC

Project State

MI

Project Zip

49757-1800

CD

MI-01

Jobs Reported

10

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1659.84

Payroll Proceed

84771.00

Mortgage Interest Proceed

0.00

Rent Proceed

26517.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113713.38

Forgiveness Date

01/28/2021

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