PPP Loan information for Motor city float

$18,491

Motor city float was initially approved for PPP Loan of amount $18,491, the current approved amount is $18,491. The loan was approved on 03/10/2021 by The Cross River Bank reported 6 jobs and $18,491 was used to fund payroll.

Motor city float is Existing or more than 2 years old

MOTOR CITY FLOAT

Date Approved

03/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MOTOR CITY FLOAT

Borrower Address

1203 W 14 Mile Rd

Borrower City

Clawson

Borrower State

MI

Borrower Zip

48017-2802

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18491.00

Current Approval Amount

18491.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clawson

Project County Name

OAKLAND

Project State

MI

Project Zip

48017-2802

CD

MI-11

Jobs Reported

6

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

18487.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18744.81

Forgiveness Date

08/01/2022

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