Date Approved
04/09/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MIDAS OF CADILLAC, LLC
Borrower Address
220 SOUTH MITCHELL ST
Borrower City
CADILLAC
Borrower State
MI
Borrower Zip
49601-2140
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
36662.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Midas
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
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
Project County Name
WEXFORD
Project State
Project Zip
CD
MI-04
Jobs Reported
3
NAICS Code
811121
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2571.44
Payroll Proceed
26006.72
Mortgage Interest Proceed
Rent Proceed
5150.00
Refinance EIDL Proceed
Health Care Proceed
2933.84
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
36900.05
Forgiveness Date
12/09/2020