Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CRIPPEN AUTO MALL, INC.
Borrower Address
8300 West Saginaw Highway
Borrower City
LANSING
Borrower State
MI
Borrower Zip
48917-9702
Loan Status Date
12/08/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
616882.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23955
Servicing Lender Name
Horizon Bank
Servicing Lender Address
515 Franklin Sq
Servicing Lender City
MICHIGAN CITY
Servicing Lender State
IN
Servicing Lender Zip
46360-3328
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
EATON
Project State
Project Zip
CD
MI-07
Jobs Reported
57
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
61689.00
Payroll Proceed
493505.00
Mortgage Interest Proceed
61688.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
620329.78
Forgiveness Date
11/12/2020