PPP Loan information for Mt. pleasant autosales, llc

$249,000

Mt. pleasant autosales, llc was initially approved for PPP Loan of amount $249,000, the current approved amount is $249,000. The loan was approved on 04/07/2020 by The Isabella Bank reported 32 jobs and $249,000 was used to fund payroll.

Mt. pleasant autosales, llc is Existing or more than 2 years old

MT. PLEASANT AUTOSALES, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MT. PLEASANT AUTOSALES, LLC

Borrower Address

4650 E PICKARD ST

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-2076

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249000.00

Current Approval Amount

249000.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-2076

CD

MI-02

Jobs Reported

32

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2250.00

Payroll Proceed

186750.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251824.27

Forgiveness Date

06/03/2021

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