Mike Mufflers Service Center INC

$225,400 PPP Loan in Montrose, Michigan

Loan Details

Loan Number
6602527307
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$225,400
Current Approval
$225,400
Forgiveness Amount
$227,723
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Mufflers Service Center INC
Address
11096 Nichols Rd
ZIP Code
48457-9113
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$202,000
Rent
$12,000
Utilities
$9,000
Debt Interest
$2,400

Lender Information

Servicing Lender
Elga Cu
Originating Lender
Elga Cu

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