PPP Loan information for Bavarian motor village, ltd.

$857,600

Bavarian motor village, ltd. was initially approved for PPP Loan of amount $857,600, the current approved amount is $857,600. The loan was approved on 04/29/2020 by The Comerica Bank reported 62 jobs and $857,600 was used to fund payroll.

Bavarian motor village, ltd. is Existing or more than 2 years old

BAVARIAN MOTOR VILLAGE, LTD.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAVARIAN MOTOR VILLAGE, LTD.

Borrower Address

45550 Dequindre Rd.

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48317-4505

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

857600.00

Current Approval Amount

857600.00

Undisbursed Amount

0.00

Franchise Name

BMW of North America, LLC - Center Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48317-4505

CD

MI-10

Jobs Reported

62

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

686104.00

Mortgage Interest Proceed

171496.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

863341.16

Forgiveness Date

01/08/2021

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