PPP Loan information for Ellis richards motors inc.

$44,400

Ellis richards motors inc. was initially approved for PPP Loan of amount $44,400, the current approved amount is $44,400. The loan was approved on 03/09/2021 by The Comerica Bank reported 6 jobs and $44,400 was used to fund payroll.

Ellis richards motors inc. is Existing or more than 2 years old

ELLIS RICHARDS MOTORS INC.

Date Approved

03/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELLIS RICHARDS MOTORS INC.

Borrower Address

24914 Gratiot Ave

Borrower City

Eastpointe

Borrower State

MI

Borrower Zip

48021

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44400.00

Current Approval Amount

44400.00

Undisbursed Amount

0.00

Franchise Name

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

Eastpointe

Project County Name

MACOMB

Project State

MI

Project Zip

48021

CD

MI-09

Jobs Reported

6

NAICS Code

811121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44398.00

Mortgage Interest Proceed

0.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44760.13

Forgiveness Date

12/29/2021

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