PPP Loan information for M&m powersports inc

$58,173

M&m powersports inc was initially approved for PPP Loan of amount $58,173, the current approved amount is $58,173. The loan was approved on 04/09/2020 by The Superior National Bank reported 6 jobs and $58,173 was used to fund payroll.

M&m powersports inc is Existing or more than 2 years old

PPP Loan Search / MI / HANCOCK / M&m powersports inc

M&M POWERSPORTS INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

M&M POWERSPORTS INC

Borrower Address

90 NAVY ST

Borrower City

HANCOCK

Borrower State

MI

Borrower Zip

49930-2166

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58172.85

Current Approval Amount

58172.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANCOCK

Project County Name

HOUGHTON

Project State

MI

Project Zip

49930-2166

CD

MI-01

Jobs Reported

6

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2472.85

Payroll Proceed

47400.00

Mortgage Interest Proceed

4100.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58776.89

Forgiveness Date

04/29/2021

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