PPP Loan information for Crown motors, ltd

$1,048,200

Crown motors, ltd was initially approved for PPP Loan of amount $1,048,200, the current approved amount is $1,048,200. The loan was approved on 04/04/2020 by The Macatawa Bank reported 107 jobs and $1,048,200 was used to fund payroll.

Crown motors, ltd is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Crown motors, ltd

CROWN MOTORS, LTD

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CROWN MOTORS, LTD

Borrower Address

196 REGENT BLVD

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-9368

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1048200.00

Current Approval Amount

1048200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-9368

CD

MI-02

Jobs Reported

107

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1048200.00

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

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1034147.72

Forgiveness Date

06/11/2021

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