Downtown Auto Service INC

$47,400 PPP Loan in Ithaca, Michigan

Loan Details

Loan Number
4664457001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$47,400
Current Approval
$47,400
Forgiveness Amount
$47,857
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downtown Auto Service INC
Address
110 W Newark St
City
Ithaca
ZIP Code
48847-1400
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$37,713
Rent
$1,800
Utilities
$4,526
Health Care
$3,261
Debt Interest
$100

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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