PPP Loan information for Wheeler motors inc

$314,175

Wheeler motors inc was initially approved for PPP Loan of amount $314,175, the current approved amount is $314,175. The loan was approved on 04/08/2020 by The Citizens National Bank of Cheboygan reported 28 jobs and $314,175 was used to fund payroll.

Wheeler motors inc is Existing or more than 2 years old

PPP Loan Search / MI / CHEBOYGAN / Wheeler motors inc

WHEELER MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WHEELER MOTORS INC

Borrower Address

11401 N. STRAITS HWY PO BOX 285

Borrower City

CHEBOYGAN

Borrower State

MI

Borrower Zip

49721-9001

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314175.00

Current Approval Amount

314175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHEBOYGAN

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49721-9001

CD

MI-01

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

314175.00

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

Corporation

Originating Lender Location Id

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

306126.79

Forgiveness Date

12/02/2020

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