PPP Loan information for Brakes plus inc

$31,615

Brakes plus inc was initially approved for PPP Loan of amount $31,615, the current approved amount is $31,615. The loan was approved on 01/20/2021 by The ChoiceOne Bank reported 4 jobs and $31,615 was used to fund payroll.

Brakes plus inc is Existing or more than 2 years old

PPP Loan Search / MI / Rockford / Brakes plus inc

BRAKES PLUS INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BRAKES PLUS INC

Borrower Address

6533 Belding Rd NE

Borrower City

Rockford

Borrower State

MI

Borrower Zip

49341-9625

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31615.00

Current Approval Amount

31615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

KENT

Project State

MI

Project Zip

49341-9625

CD

MI-03

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

31611.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31820.28

Forgiveness Date

09/15/2021

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