PPP Loan information for Martin motor sports l.l.c

$972,000

Martin motor sports l.l.c was initially approved for PPP Loan of amount $972,000, the current approved amount is $972,000. The loan was approved on 03/26/2021 by The Comerica Bank reported 89 jobs and $972,000 was used to fund payroll.

Martin motor sports l.l.c is Existing or more than 2 years old

MARTIN MOTOR SPORTS L.L.C

Date Approved

03/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MARTIN MOTOR SPORTS L.L.C

Borrower Address

55390 Lyon Industrial Dr

Borrower City

New Hudson

Borrower State

MI

Borrower Zip

48165-8544

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

972000.00

Current Approval Amount

972000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Hudson

Project County Name

OAKLAND

Project State

MI

Project Zip

48165-8544

CD

MI-07

Jobs Reported

89

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

971998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

978993.00

Forgiveness Date

12/14/2021

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