PPP Loan information for Michigan vehicle solutions llc

$222,172

Michigan vehicle solutions llc was initially approved for PPP Loan of amount $222,172, the current approved amount is $222,172. The loan was approved on 02/07/2021 by The First Merchants Bank reported 38 jobs and $222,172 was used to fund payroll.

Michigan vehicle solutions llc is Existing or more than 2 years old

PPP Loan Search / MI / Southgate / Michigan vehicle solutions llc

MICHIGAN VEHICLE SOLUTIONS LLC

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN VEHICLE SOLUTIONS LLC

Borrower Address

16600 Fort St

Borrower City

Southgate

Borrower State

MI

Borrower Zip

48195-1440

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222171.50

Current Approval Amount

222171.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southgate

Project County Name

WAYNE

Project State

MI

Project Zip

48195-1440

CD

MI-13

Jobs Reported

38

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

222168.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

223784.53

Forgiveness Date

11/05/2021

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