PPP Loan information for Mt pleasant automotive

$84,652

Mt pleasant automotive was initially approved for PPP Loan of amount $84,652, the current approved amount is $84,652. The loan was approved on 04/07/2020 by The Mercantile Bank reported 10 jobs and $84,652 was used to fund payroll.

Mt pleasant automotive is Existing or more than 2 years old

MT PLEASANT AUTOMOTIVE

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MT PLEASANT AUTOMOTIVE

Borrower Address

703 N MISSION ST

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-1831

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84652.00

Current Approval Amount

84652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-1831

CD

MI-02

Jobs Reported

10

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1612.00

Payroll Proceed

68176.00

Mortgage Interest Proceed

1250.00

Rent Proceed

6250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7364.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85257.32

Forgiveness Date

12/31/2020

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