PPP Loan information for M-2 auto parts, inc

$113,600

M-2 auto parts, inc was initially approved for PPP Loan of amount $113,600, the current approved amount is $113,600. The loan was approved on 04/29/2020 by The Truist Bank reported 15 jobs and $113,600 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

04/29/2020

SBA Office Code

0515

Processing Method

PPP

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

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113600.00

Current Approval Amount

113600.00

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

48375-0200

CD

MI-06

Jobs Reported

15

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114354.18

Forgiveness Date

12/30/2020

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