PPP Loan information for Mcguire chevrolet

$267,942

Mcguire chevrolet was initially approved for PPP Loan of amount $267,942, the current approved amount is $267,942. The loan was approved on 04/14/2020 by The Mercantile Bank reported 28 jobs and $267,942 was used to fund payroll.

Mcguire chevrolet is Existing or more than 2 years old

PPP Loan Search / MI / CLARE / Mcguire chevrolet

MCGUIRE CHEVROLET

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCGUIRE CHEVROLET

Borrower Address

712 W 5th St

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267942.00

Current Approval Amount

267942.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARE

Project County Name

CLARE

Project State

MI

Project Zip

48617-0001

CD

MI-02

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200956.00

Mortgage Interest Proceed

26500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40486.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

269637.74

Forgiveness Date

12/08/2020

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