PPP Loan information for Schneider tire outlet, inc.

$1,073,096

Schneider tire outlet, inc. was initially approved for PPP Loan of amount $1,073,096, the current approved amount is $1,073,096. The loan was approved on 04/07/2020 by The Mercantile Bank reported 109 jobs and $1,073,096 was used to fund payroll.

Schneider tire outlet, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MARNE / Schneider tire outlet, inc.

SCHNEIDER TIRE OUTLET, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHNEIDER TIRE OUTLET, INC.

Borrower Address

1454 FRANKLIN ST

Borrower City

MARNE

Borrower State

MI

Borrower Zip

49435-8756

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1073096.00

Current Approval Amount

1073096.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARNE

Project County Name

OTTAWA

Project State

MI

Project Zip

49435-8756

CD

MI-03

Jobs Reported

109

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30557.34

Payroll Proceed

888522.66

Mortgage Interest Proceed

0.00

Rent Proceed

86000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

68016.00

Debt Interest Proceed

0

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

1079064.18

Forgiveness Date

11/03/2020

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