PPP Loan information for Motor supply of holland, inc.

$102,500

Motor supply of holland, inc. was initially approved for PPP Loan of amount $102,500, the current approved amount is $102,500. The loan was approved on 04/13/2020 by The Macatawa Bank reported 14 jobs and $102,500 was used to fund payroll.

Motor supply of holland, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Motor supply of holland, inc.

MOTOR SUPPLY OF HOLLAND, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR SUPPLY OF HOLLAND, INC.

Borrower Address

531 CHICAGO DR

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-2939

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-2939

CD

MI-02

Jobs Reported

14

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102500.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103811.44

Forgiveness Date

08/04/2021

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