PPP Loan information for Red's auto of ironwood, in

$148,027

Red's auto of ironwood, in was initially approved for PPP Loan of amount $148,027, the current approved amount is $148,027. The loan was approved on 04/15/2020 by The Gogebic Range Bank reported 41 jobs and $148,027 was used to fund payroll.

Red's auto of ironwood, in is Existing or more than 2 years old

PPP Loan Search / MI / Ironwood / Red's auto of ironwood, in

RED'S AUTO OF IRONWOOD, IN

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RED'S AUTO OF IRONWOOD, IN

Borrower Address

1231 E Cloverland Drive

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148027.00

Current Approval Amount

148027.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262597

Servicing Lender Name

Gogebic Range Bank

Servicing Lender Address

155 E Cloverland Dr

Servicing Lender City

IRONWOOD

Servicing Lender State

MI

Servicing Lender Zip

49938-1227

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ironwood

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-0001

CD

MI-01

Jobs Reported

41

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148027.00

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

Corporation

Originating Lender Location Id

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

138779.53

Forgiveness Date

11/03/2020

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