PPP Loan information for M&m luxury automotive, llc

$1,642,000

M&m luxury automotive, llc was initially approved for PPP Loan of amount $1,642,000, the current approved amount is $1,642,000. The loan was approved on 04/04/2020 by The Central Bank & Trust Co. reported 137 jobs and $1,642,000 was used to fund payroll.

M&m luxury automotive, llc is Existing or more than 2 years old

M&M LUXURY AUTOMOTIVE, LLC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

M&M LUXURY AUTOMOTIVE, LLC

Borrower Address

45001 North Pointe Blvd

Borrower City

UTICA

Borrower State

MI

Borrower Zip

48318-9010

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1642000.00

Current Approval Amount

1642000.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UTICA

Project County Name

MACOMB

Project State

MI

Project Zip

48318-9010

CD

MI-10

Jobs Reported

137

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

82100.00

Payroll Proceed

1313600.00

Mortgage Interest Proceed

0.00

Rent Proceed

246300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1654223.78

Forgiveness Date

01/08/2021

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