PPP Loan information for Motor city fastener llc

$1,425,000

Motor city fastener llc was initially approved for PPP Loan of amount $1,425,500, the current approved amount is $1,425,000. The loan was approved on 04/06/2020 by The Cadence Bank reported 200 jobs and $1,425,000 was used to fund payroll.

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

PPP Loan Search / MI / HAZEL PARK / Motor city fastener llc

MOTOR CITY FASTENER LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR CITY FASTENER LLC

Borrower Address

1600 EAST 10 MILE RD

Borrower City

HAZEL PARK

Borrower State

MI

Borrower Zip

48030-1208

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1425500.00

Current Approval Amount

1425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

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

200

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1425000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1442733.33

Forgiveness Date

07/28/2021

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