PPP Loan information for Executive car rental inc

$294,000

Executive car rental inc was initially approved for PPP Loan of amount $294,000, the current approved amount is $294,000. The loan was approved on 01/23/2021 by The 1st Source Bank reported 32 jobs and $294,000 was used to fund payroll.

Executive car rental inc is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Executive car rental inc

EXECUTIVE CAR RENTAL INC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EXECUTIVE CAR RENTAL INC

Borrower Address

2387 E 8 Mile Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091-2486

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

294000.00

Current Approval Amount

294000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48091-2486

CD

MI-10

Jobs Reported

32

NAICS Code

532111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

293997.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

295951.83

Forgiveness Date

09/23/2021

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