PPP Loan information for Community automotive repair inc.

$225,750

Community automotive repair inc. was initially approved for PPP Loan of amount $225,750, the current approved amount is $225,750. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 17 jobs and $225,750 was used to fund payroll.

Community automotive repair inc. is New Business or 2 years or less

PPP Loan Search / MI / GRAND RAPIDS / Community automotive repair inc.

COMMUNITY AUTOMOTIVE REPAIR INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COMMUNITY AUTOMOTIVE REPAIR INC.

Borrower Address

846 FULTON ST E

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225750.00

Current Approval Amount

225750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-0001

CD

MI-02

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225750.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227863.27

Forgiveness Date

04/15/2021

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