PPP Loan information for Grand blanc motorcars ltd

$893,000

Grand blanc motorcars ltd was initially approved for PPP Loan of amount $893,000, the current approved amount is $893,000. The loan was approved on 04/05/2020 by The The State Bank reported 91 jobs and $893,000 was used to fund payroll.

Grand blanc motorcars ltd is Existing or more than 2 years old

GRAND BLANC MOTORCARS LTD

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND BLANC MOTORCARS LTD

Borrower Address

9099 HOLLY RD

Borrower City

GRAND BLANC

Borrower State

MI

Borrower Zip

48439-8336

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

893000.00

Current Approval Amount

893000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND BLANC

Project County Name

GENESEE

Project State

MI

Project Zip

48439-8336

CD

MI-05

Jobs Reported

91

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

893000.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

899361.10

Forgiveness Date

12/30/2020

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