PPP Loan information for Us 27 motorsports & trailers inc

$312,400

Us 27 motorsports & trailers inc was initially approved for PPP Loan of amount $312,400, the current approved amount is $312,400. The loan was approved on 04/04/2020 by The Commercial Bank reported 30 jobs and $312,400 was used to fund payroll.

Us 27 motorsports & trailers inc is Existing or more than 2 years old

PPP Loan Search / MI / SAINT JOHNS / Us 27 motorsports & trailers inc

US 27 MOTORSPORTS & TRAILERS INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

US 27 MOTORSPORTS & TRAILERS INC

Borrower Address

5301 N US HIGHWAY 27

Borrower City

SAINT JOHNS

Borrower State

MI

Borrower Zip

48879-8715

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312400.00

Current Approval Amount

312400.00

Undisbursed Amount

0.00

Franchise Name

Yamaha (Sales and Service Agreement)

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNS

Project County Name

CLINTON

Project State

MI

Project Zip

48879-8715

CD

MI-04

Jobs Reported

30

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10500.00

Payroll Proceed

232000.00

Mortgage Interest Proceed

39300.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2600.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315215.88

Forgiveness Date

03/10/2021

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