PPP Loan information for Motor city car wash, inc

$230,300

Motor city car wash, inc was initially approved for PPP Loan of amount $230,300, the current approved amount is $230,300. The loan was approved on 04/09/2020 by The Truist Bank reported 50 jobs and $230,300 was used to fund payroll.

Motor city car wash, inc is Existing or more than 2 years old

MOTOR CITY CAR WASH, INC

Date Approved

04/09/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MOTOR CITY CAR WASH, INC

Borrower Address

3900 HYPOLUXO RD

Borrower City

BOYNTON BEACH

Borrower State

FL

Borrower Zip

33436-8508

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230300.00

Current Approval Amount

230300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOYNTON BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33436-8508

CD

FL-22

Jobs Reported

50

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230300.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232187.18

Forgiveness Date

02/17/2021

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