PPP Loan information for Tc motors inc

$147,293

Tc motors inc was initially approved for PPP Loan of amount $147,293, the current approved amount is $147,293. The loan was approved on 01/19/2021 by The County National Bank reported 16 jobs and $147,293 was used to fund payroll.

Tc motors inc is Existing or more than 2 years old

TC MOTORS INC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TC MOTORS INC

Borrower Address

4501 Page Ave

Borrower City

Michigan Center

Borrower State

MI

Borrower Zip

49254-1039

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147293.00

Current Approval Amount

147293.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Michigan Center

Project County Name

JACKSON

Project State

MI

Project Zip

49254-1039

CD

MI-05

Jobs Reported

16

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

147287.00

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

Subchapter S Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148941.86

Forgiveness Date

03/09/2022

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