PPP Loan information for Moran motors, llc

$809,428

Moran motors, llc was initially approved for PPP Loan of amount $809,428, the current approved amount is $809,428. The loan was approved on 04/11/2020 by The Ally Bank reported 74 jobs and $809,428 was used to fund payroll.

Moran motors, llc is Existing or more than 2 years old

MORAN MOTORS, LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MORAN MOTORS, LLC

Borrower Address

3050 KING RD

Borrower City

CHINA

Borrower State

MI

Borrower Zip

48054-1430

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

809428.00

Current Approval Amount

809428.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHINA

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48054-1430

CD

MI-09

Jobs Reported

74

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

809428.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

816532.98

Forgiveness Date

03/03/2021

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