PPP Loan information for Mike mufflers service center inc

$225,400

Mike mufflers service center inc was initially approved for PPP Loan of amount $225,400, the current approved amount is $225,400. The loan was approved on 04/30/2020 by The ELGA CU reported 19 jobs and $225,400 was used to fund payroll.

Mike mufflers service center inc is Existing or more than 2 years old

MIKE MUFFLERS SERVICE CENTER INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIKE MUFFLERS SERVICE CENTER INC

Borrower Address

11096 NICHOLS RD

Borrower City

MONTROSE

Borrower State

MI

Borrower Zip

48457-9113

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225400.00

Current Approval Amount

225400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

GENESEE

Project State

MI

Project Zip

48457-9113

CD

MI-08

Jobs Reported

19

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

202000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2400

Business Type

Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227722.87

Forgiveness Date

05/17/2021

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