PPP Loan information for Michigan automotive bending corporation

$163,927

Michigan automotive bending corporation was initially approved for PPP Loan of amount $163,927, the current approved amount is $163,927. The loan was approved on 04/14/2020 by The Independent Bank reported 16 jobs and $163,927 was used to fund payroll.

Michigan automotive bending corporation is Existing or more than 2 years old

MICHIGAN AUTOMOTIVE BENDING CORPORATION

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN AUTOMOTIVE BENDING CORPORATION

Borrower Address

1700 E. 14 MILE RD

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-1543

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163927.00

Current Approval Amount

163927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1543

CD

MI-11

Jobs Reported

16

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

163927.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

164819.49

Forgiveness Date

11/03/2020

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