PPP Loan information for Motor city diesel performance and repair llc

$67,002

Motor city diesel performance and repair llc was initially approved for PPP Loan of amount $101,750, the current approved amount is $67,002. The loan was approved on 05/01/2020 by The Cross River Bank reported 14 jobs and $67,002 was used to fund payroll.

Motor city diesel performance and repair llc is Existing or more than 2 years old

PPP Loan Search / MI / WIXOM / Motor city diesel performance and repair llc

MOTOR CITY DIESEL PERFORMANCE AND REPAIR LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR CITY DIESEL PERFORMANCE AND REPAIR LLC

Borrower Address

30691 S WIXOM RD

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-2415

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101750.00

Current Approval Amount

67002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-2415

CD

MI-11

Jobs Reported

14

NAICS Code

811412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67002.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67721.58

Forgiveness Date

06/15/2021

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