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
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
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
Project County Name
MACKINAC
Project State
Project Zip
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
Rent Proceed
26517.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
113713.38
Forgiveness Date
01/28/2021