PPP Loan information for Peterson towing inc.

$91,921

Peterson towing inc. was initially approved for PPP Loan of amount $91,921, the current approved amount is $91,921. The loan was approved on 01/21/2021 by The Mercantile Bank reported 8 jobs and $91,921 was used to fund payroll.

Peterson towing inc. is Existing or more than 2 years old

PPP Loan Search / MI / Cadillac / Peterson towing inc.

PETERSON TOWING INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PETERSON TOWING INC.

Borrower Address

324 N Mitchell St

Borrower City

Cadillac

Borrower State

MI

Borrower Zip

49601-1837

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91920.92

Current Approval Amount

91920.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cadillac

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-1837

CD

MI-04

Jobs Reported

8

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

91917.92

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92361.64

Forgiveness Date

07/19/2021

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