PPP Loan information for Autocatalyst recycling corporation

$186,682

Autocatalyst recycling corporation was initially approved for PPP Loan of amount $186,682, the current approved amount is $186,682. The loan was approved on 04/08/2020 by The Mercantile Bank reported 11 jobs and $186,682 was used to fund payroll.

Autocatalyst recycling corporation is Existing or more than 2 years old

AUTOCATALYST RECYCLING CORPORATION

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOCATALYST RECYCLING CORPORATION

Borrower Address

25234 TROWBRIDGE ST

Borrower City

DEARBORN

Borrower State

MI

Borrower Zip

48124-2415

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186682.00

Current Approval Amount

186682.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEARBORN

Project County Name

WAYNE

Project State

MI

Project Zip

48124-2415

CD

MI-12

Jobs Reported

11

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5600.00

Payroll Proceed

140012.00

Mortgage Interest Proceed

0.00

Rent Proceed

24735.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16335.00

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

187981.10

Forgiveness Date

12/28/2020

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