PPP Loan information for Muskegon car credit, inc.

$1,398,257

Muskegon car credit, inc. was initially approved for PPP Loan of amount $1,398,257, the current approved amount is $1,398,257. The loan was approved on 04/07/2020 by The Mercantile Bank reported 124 jobs and $1,398,257 was used to fund payroll.

Muskegon car credit, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WYOMING / Muskegon car credit, inc.

MUSKEGON CAR CREDIT, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MUSKEGON CAR CREDIT, INC.

Borrower Address

1515 28th Street SW

Borrower City

WYOMING

Borrower State

MI

Borrower Zip

49509-2707

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1398257.30

Current Approval Amount

1398257.30

Undisbursed Amount

0.00

Franchise Name

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

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WYOMING

Project County Name

KENT

Project State

MI

Project Zip

49509-2707

CD

MI-03

Jobs Reported

124

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44445.00

Payroll Proceed

1072178.30

Mortgage Interest Proceed

0.00

Rent Proceed

181550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

52084.00

Debt Interest Proceed

48000

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1414461.76

Forgiveness Date

06/11/2021

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