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M&m Powersports INC

$58,173 PPP Loan in Hancock, Michigan

Loan Details

Loan Number
9635837001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$58,173
Current Approval
$58,173
Forgiveness Amount
$58,777
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M&m Powersports INC
Address
90 Navy St
City
Hancock
State
Michigan
ZIP Code
49930-2166
Business Type
Corporation
Industry (NAICS)
Retail Trade (441210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$47,400
Rent
$1,200
Utilities
$2,473
Mortgage Interest
$4,100
Debt Interest
$3,000

Lender Information

Servicing Lender
Superior National Bank
Originating Lender
Superior National Bank

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