PPP Loan information for M-2 auto parts inc

$82,527

M-2 auto parts inc was initially approved for PPP Loan of amount $82,527, the current approved amount is $82,527. The loan was approved on 02/23/2021 by The Truist Bank reported 14 jobs and $82,527 was used to fund payroll.

M-2 auto parts inc is Existing or more than 2 years old

PPP Loan Search / MI / Novi / M-2 auto parts inc

M-2 AUTO PARTS INC

Date Approved

02/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

M-2 AUTO PARTS INC

Borrower Address

43500 Grand River Ave

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-1107

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82527.23

Current Approval Amount

82527.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-1107

CD

MI-06

Jobs Reported

14

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82524.23

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83130.14

Forgiveness Date

11/16/2021

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