PPP Loan information for Shers automotive center inc

$16,227

Shers automotive center inc was initially approved for PPP Loan of amount $16,227, the current approved amount is $16,227. The loan was approved on 04/07/2021 by The Customers Bank reported 1 jobs and $16,227 was used to fund payroll.

Shers automotive center inc is Existing or more than 2 years old

PPP Loan Search / MI / Alpena / Shers automotive center inc

SHERS AUTOMOTIVE CENTER INC

Date Approved

04/07/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHERS AUTOMOTIVE CENTER INC

Borrower Address

2585 US Highway 23 S N/A

Borrower City

Alpena

Borrower State

MI

Borrower Zip

49707-4617

Loan Status Date

03/11/2023

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

16227.00

Current Approval Amount

16227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpena

Project County Name

ALPENA

Project State

MI

Project Zip

49707-4617

CD

MI-01

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

16223.00

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

Single Member LLC

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;