Automotive Concepts, Inc.
$140,000 PPP Loan in Portage, Michigan
Loan Details
- Loan Number
- 5925107103
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $140,000
- Current Approval
- $140,000
- Forgiveness Amount
- $140,917
- Forgiveness Date
- Dec 31, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Automotive Concepts, Inc.
- Address
- 6725 Lovers Lane
- City
- Portage
- State
- Michigan
- ZIP Code
- 49002
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $112,000
- Rent
- $7,000
- Utilities
- $7,000
- Health Care
- $7,000
- Debt Interest
- $7,000
Lender Information
- Servicing Lender
- Horizon Bank
- Originating Lender
- Horizon Bank
Other PPP Loans in Portage, MI
| Business | Approved | |
|---|---|---|
| Pro Services, Inc. | $3,746,000 |  Research |
| Allen Edwin Homebuilders LLC | $2,599,100 | Research |
| Hi-Tech Electric Company | $2,426,200 | Research |
| Hi-Tech Electric Company Inc. | $2,000,000 | Research |
| Pro Services Inc. | $2,000,000 | Research |
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