AUTO CREDIT CENTER, INC. (MI) - 2020 PPP Loan Borrower Profile (# 4631497006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTO CREDIT CENTER, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

4631497006

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$34,000

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$34,462.78

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

20,600

Mortgage Interest Proceed

9,700

Health Care Proceed

3,700

Lender

The Stephenson National Bank and Trust

Business Detail

Business Type

Corporation

NAICS

522220

Borrower Location

MENOMINEE, MI

Project Location

MENOMINEE, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.