PPP Loan information for Motor car export, inc.

$52,300

Motor car export, inc. was initially approved for PPP Loan of amount $52,300, the current approved amount is $52,300. The loan was approved on 04/16/2020 by The Bank of Ann Arbor reported 6 jobs and $52,300 was used to fund payroll.

Motor car export, inc. is Existing or more than 2 years old

MOTOR CAR EXPORT, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR CAR EXPORT, INC.

Borrower Address

12813 Silver Lake Rd

Borrower City

Brighton

Borrower State

MI

Borrower Zip

48116-8516

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52300.00

Current Approval Amount

52300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48116-8516

CD

MI-07

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1400.00

Payroll Proceed

49500.00

Mortgage Interest Proceed

1400.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52600.90

Forgiveness Date

11/23/2020

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