PPP Loan information for Lear motors

$12,200

Lear motors was initially approved for PPP Loan of amount $12,200, the current approved amount is $12,200. The loan was approved on 05/21/2020 by The ELGA CU reported 4 jobs and $12,200 was used to fund payroll.

Lear motors is Existing or more than 2 years old

LEAR MOTORS

Date Approved

05/21/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LEAR MOTORS

Borrower Address

11335 POTTER RD

Borrower City

DAVISON

Borrower State

MI

Borrower Zip

48423-8155

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12200.00

Current Approval Amount

12200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVISON

Project County Name

GENESEE

Project State

MI

Project Zip

48423-8155

CD

MI-08

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12200.00

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

Sole Proprietorship

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12333.86

Forgiveness Date

07/02/2021

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