PPP Loan information for Motor city fastener investments llc

$1,363,290

Motor city fastener investments llc was initially approved for PPP Loan of amount $1,363,290, the current approved amount is $1,363,290. The loan was approved on 04/14/2021 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 97 jobs and $1,363,290 was used to fund payroll.

Motor city fastener investments llc is Existing or more than 2 years old

MOTOR CITY FASTENER INVESTMENTS LLC

Date Approved

04/14/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOTOR CITY FASTENER INVESTMENTS LLC

Borrower Address

1600 E 10 Mile Rd N/A

Borrower City

Hazel Park

Borrower State

MI

Borrower Zip

48030-1208

Loan Status Date

08/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1363290.00

Current Approval Amount

1363290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hazel Park

Project County Name

OAKLAND

Project State

MI

Project Zip

48030-1208

CD

MI-11

Jobs Reported

97

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1363288.00

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

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1380028.17

Forgiveness Date

07/08/2022

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