Date Approved
05/01/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
ELY MOTORS LLC
Borrower Address
5002 S. CLINTON ST Box 30
Borrower City
STOCKBRIDGE
Borrower State
MI
Borrower Zip
49285-8501
Loan Status Date
10/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
10055.42
Current Approval Amount
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
Servicing Lender Zip
48118-1435
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
INGHAM
Project State
Project Zip
CD
MI-08
Jobs Reported
1
NAICS Code
441120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
10187.93
Forgiveness Date
09/02/2021