Central Motor Sports
$133,980 PPP Loan in Mount Pleasant, Michigan
Loan Details
- Loan Number
- 8493547007
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $133,980
- Current Approval
- $133,980
- Forgiveness Amount
- $134,799
- Forgiveness Date
- Nov 24, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Central Motor Sports
- Address
- 905 Corporate Dr
- City
- Mount Pleasant
- State
- Michigan
- ZIP Code
- 48858-5304
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441228)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $107,184
- Rent
- $21,000
- Utilities
- $3,000
- Debt Interest
- $2,796
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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