PPP Loan information for Hobby wheel

$48,307

Hobby wheel was initially approved for PPP Loan of amount $48,307, the current approved amount is $48,307. The loan was approved on 04/07/2020 by The Gogebic Range Bank reported 7 jobs and $48,307 was used to fund payroll.

Hobby wheel is Existing or more than 2 years old

PPP Loan Search / MI / IRONWOOD / Hobby wheel

HOBBY WHEEL

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HOBBY WHEEL

Borrower Address

1435 E Cloverland Drive

Borrower City

IRONWOOD

Borrower State

MI

Borrower Zip

49938-1719

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48307.00

Current Approval Amount

48307.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262597

Servicing Lender Name

Gogebic Range Bank

Servicing Lender Address

155 E Cloverland Dr

Servicing Lender City

IRONWOOD

Servicing Lender State

MI

Servicing Lender Zip

49938-1227

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IRONWOOD

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-1719

CD

MI-01

Jobs Reported

7

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48307.00

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

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48738.45

Forgiveness Date

03/09/2021

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