PPP Loan information for Schmitt tire & gas, inc.

$28,307

Schmitt tire & gas, inc. was initially approved for PPP Loan of amount $28,307, the current approved amount is $28,307. The loan was approved on 04/07/2020 by The Mercantile Bank reported 4 jobs and $28,307 was used to fund payroll.

Schmitt tire & gas, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WEST BRANCH / Schmitt tire & gas, inc.

SCHMITT TIRE & GAS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHMITT TIRE & GAS, INC.

Borrower Address

624 W. HOUGHTON AVE

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-1228

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28307.00

Current Approval Amount

28307.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BRANCH

Project County Name

OGEMAW

Project State

MI

Project Zip

48661-1228

CD

MI-01

Jobs Reported

4

NAICS Code

447190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

926.00

Payroll Proceed

26035.00

Mortgage Interest Proceed

1166.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

180

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

28519.50

Forgiveness Date

01/13/2021

;