PPP Loan information for Legend motor no. 3, inc.

$82,200

Legend motor no. 3, inc. was initially approved for PPP Loan of amount $82,200, the current approved amount is $82,200. The loan was approved on 04/09/2020 by The The Farmers & Merchants State Bank reported 14 jobs and $82,200 was used to fund payroll.

Legend motor no. 3, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Legend motor no. 3, inc.

LEGEND MOTOR NO. 3, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LEGEND MOTOR NO. 3, INC.

Borrower Address

10200 W. Eight Mile Road

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-2153

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82200.00

Current Approval Amount

82200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2153

CD

MI-11

Jobs Reported

14

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82200.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72690.56

Forgiveness Date

12/22/2020

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