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Clare Automotive Inc.

$79,360 PPP Loan in Clare, Michigan

Loan Details

Loan Number
5707217005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$79,360
Current Approval
$79,360
Forgiveness Amount
$79,925
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Clare Automotive Inc.
Address
214 4th St
City
Clare
State
Michigan
ZIP Code
48617-1413
Business Type
Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$59,640
Rent
$4,500
Utilities
$2,295
Health Care
$10,341
Mortgage Interest
$2,584

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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