PPP Loan information for Michaels motor works inc

$87,342

Michaels motor works inc was initially approved for PPP Loan of amount $87,342, the current approved amount is $87,342. The loan was approved on 02/04/2021 by The Rosedale Federal Savings & Loan Association reported 9 jobs and $87,342 was used to fund payroll.

Michaels motor works inc is Existing or more than 2 years old

PPP Loan Search / MD / Jessup / Michaels motor works inc

MICHAELS MOTOR WORKS INC

Date Approved

02/04/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MICHAELS MOTOR WORKS INC

Borrower Address

8040 Washington Blvd

Borrower City

Jessup

Borrower State

MD

Borrower Zip

20794-9449

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87342.00

Current Approval Amount

87342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82694

Servicing Lender Name

Rosedale Federal Savings & Loan Association

Servicing Lender Address

6708 Belair Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21206-1115

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jessup

Project County Name

HOWARD

Project State

MD

Project Zip

20794-9449

CD

MD-03

Jobs Reported

9

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87342.00

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

Subchapter S Corporation

Originating Lender Location Id

82694

Originating Lender

Rosedale Federal Savings & Loan Association

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87784.69

Forgiveness Date

08/27/2021

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