PPP Loan information for M&m foreign cars inc

$113,700

M&m foreign cars inc was initially approved for PPP Loan of amount $113,700, the current approved amount is $113,700. The loan was approved on 04/12/2020 by The Independent Bank reported 8 jobs and $113,700 was used to fund payroll.

M&m foreign cars inc is Existing or more than 2 years old

PPP Loan Search / TX / Plano / M&m foreign cars inc

M&M FOREIGN CARS INC

Date Approved

04/12/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

M&M FOREIGN CARS INC

Borrower Address

601 Coit Road

Borrower City

Plano

Borrower State

TX

Borrower Zip

75075-5704

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113700.00

Current Approval Amount

113700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plano

Project County Name

COLLIN

Project State

TX

Project Zip

75075-5704

CD

TX-04

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

106000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114761.20

Forgiveness Date

03/25/2021

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