PPP Loan information for Chelsea motors, llc

$166,520

Chelsea motors, llc was initially approved for PPP Loan of amount $166,520, the current approved amount is $166,520. The loan was approved on 04/08/2020 by The Chelsea State Bank reported 12 jobs and $166,520 was used to fund payroll.

Chelsea motors, llc is Existing or more than 2 years old

PPP Loan Search / MI / CHELSEA / Chelsea motors, llc

CHELSEA MOTORS, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHELSEA MOTORS, LLC

Borrower Address

1445 S MAIN ST

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1418

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166520.00

Current Approval Amount

166520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1418

CD

MI-06

Jobs Reported

12

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

133216.00

Mortgage Interest Proceed

0.00

Rent Proceed

30304.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

168185.79

Forgiveness Date

06/10/2021

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