PPP Loan information for Commerce distribution center inc

$399,477

Commerce distribution center inc was initially approved for PPP Loan of amount $399,477, the current approved amount is $399,477. The loan was approved on 01/28/2021 by The Bank of America, National Association reported 16 jobs and $399,477 was used to fund payroll.

Commerce distribution center inc is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Commerce distribution center inc

COMMERCE DISTRIBUTION CENTER INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COMMERCE DISTRIBUTION CENTER INC

Borrower Address

31750 Enterprise Dr Ste B

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1946

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

399477.00

Current Approval Amount

399477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1946

CD

MI-12

Jobs Reported

16

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

399475.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402683.76

Forgiveness Date

11/26/2021

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