PPP Loan information for Cbc credit services, inc.

$88,175

Cbc credit services, inc. was initially approved for PPP Loan of amount $88,175, the current approved amount is $88,175. The loan was approved on 04/14/2020 by The Mercantile Bank reported 10 jobs and $88,175 was used to fund payroll.

Cbc credit services, inc. is Existing or more than 2 years old

CBC CREDIT SERVICES, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CBC CREDIT SERVICES, INC.

Borrower Address

804 S HAMILTON ST, STE 107

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48602-1516

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88175.00

Current Approval Amount

88175.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48602-1516

CD

MI-08

Jobs Reported

10

NAICS Code

561440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68275.00

Mortgage Interest Proceed

0.00

Rent Proceed

8600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5300.00

Debt Interest Proceed

6000

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

78676.18

Forgiveness Date

12/08/2020

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