PPP Loan information for Center for automotive research

$363,000

Center for automotive research was initially approved for PPP Loan of amount $363,000, the current approved amount is $363,000. The loan was approved on 01/22/2021 by The Bank of Ann Arbor reported 21 jobs and $363,000 was used to fund payroll.

Center for automotive research is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Center for automotive research

CENTER FOR AUTOMOTIVE RESEARCH

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CENTER FOR AUTOMOTIVE RESEARCH

Borrower Address

880 Technology Dr Ste C

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48108-8969

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

363000.00

Current Approval Amount

363000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48108-8969

CD

MI-06

Jobs Reported

21

NAICS Code

541614

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

362996.00

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

Non-Profit Organization

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

365526.08

Forgiveness Date

10/07/2021

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